Yesterday we mentioned that the four-hour segment has risen to an important selling zone, where it is the profit-taking level for the bottom bulls and does not meet the conditions for the large cycle bulls to re-enter.

The expectation is to see a pullback, but whether this expectation will occur depends on whether the 15-minute level channel can break down.

The expected buying point is at the 0.5~0.618 retracement.

If the small cycle does not catch the pullback and simultaneously breaks the turning point to achieve a new high, the next expected selling point is between 76,000 and 80,000.

No adjustments to the short-term view.