From the current perspective, the daily line trend continues to contract and consolidate at a high level. After a technical correction, it rises again, with the upper levels being tested multiple times. Recent news has landed, and the momentum has not been fully released yet, so there may be a new upward node in the short term.

From the 4-hour line perspective, yesterday's trend peaked and then retreated. After a slight pullback, it returned to high-level fluctuations at the upper track. The downward exploration lacks continuity, and the moving averages on the chart are running horizontally. Going forward, continue to focus on low positions.

Around 117300-117600, look up to 119000-120000.