Expectations are being met, prices continue to pull back, and a low oscillation zone has now formed. Prices have approached the blue average support area, but there is still a little distance to the demand zone;

Meanwhile, the spot premium has started to significantly rebound in the latter part of the decline, indicating that there is a willingness to take on demand below 110k, with 108k becoming a key support level for the foreseeable future.

This week's strategy remains focused on a short-term rebound, followed by waiting for a weak daily-level rebound to emerge, attempting to position for long-term short orders, ideally as close to the previous highs as possible.

Many people have privately messaged me asking if I am bearish?

I'll say it again, being bearish or not has nothing to do with you. In the previous three years of a bull market, did you not make any money?