In this wave of the market, many people have already started to panic.

The key level of 12.5 could not be achieved, leading to a direct adjustment.

From a trend perspective, the 5-day indicator has fallen below the strong zone, indicating that the market is encountering resistance and is relatively weak, with more of a consolidation phase expected in the short term. The black trend line in the chart represents the bottom line of this adjustment.

But don't be too quick to be scared away; I personally remain optimistic: after the consolidation phase, I still see the second target at 145,000 USD.

My style is straightforward like this, with clear logic and an unchanged direction.