From the current market view, the 4-hour line is stabilizing above 120000, showing a short-term strong trend. 122200-122500 is the previous high pressure zone; breaking through here will open up upward space. The support below is 119000-118800; as long as this level holds, the bullish trend remains.

In the short term, expect fluctuations between 121000-122500. A pullback near 120000 can be a good opportunity to go long, and if 122500 can't hold, take profits first. Pay attention to whether 122000 can break through in the early morning; if not, wait for a pullback to enter again.

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