Let’s talk about the current market situation in late trading

1️⃣ The adjustment of the 4-hour level from 73800 to 60800 is almost complete. The market is once again above 70000. It has been said before that 60800 will become the short-term bottom, so the support below will be stronger!

2️⃣ Then there is still pressure around 71500 in the short term. If the selling pressure is slightly heavier, there is a high probability that there will be a second step back to 69800 to confirm the support. Therefore, whether there will be a turning point between 69800-70000, you can try to go lower!

3️⃣ Once the support is effective, it will hit around 72,500 again. After the 4-hour adjustment is completed, it will challenge the previous high position. So in the short term, I think it will be a trend of falling first and then rising!

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