Signs of stabilization at a small level are appearing, with prices forming an upward breakout after finding support at the middle track. The monthly and weekly technical structure resonance is sending positive bullish signals, and the bulls are still in control. The current pullback is a healthy technical correction and has not shaken the trend.

Previously, there was a continuous drop to below the middle track. Influenced by the weekend market, the trend has entered a sideways state. Currently, there is some rebound, testing the resistance at the middle track. The market needs to continuously pay attention to the gains and losses of the middle track. If it can effectively break through this resistance level, there is hope for a continuation of the rebound trend, further testing upward space.

8/17 Evening 🔥
Level: Around 117800-117000.
Destination: Around 119000-120000.

Level: Around 4520-4480.
Destination: Around 4590-4645.

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