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The current price has already touched the first key resistance line at 98k (see the first marker point). After a period of adjustment and consolidation, my focus has shifted to the second resistance center, which is the midline of the rapid resistance zone at 105k (the second marker point).
Recently, the trending narrative is nothing more than: a rebound will be followed by a second wave of decline, replicating the trajectory after the 2021 top. To be honest, it would be great if it were that simple. But my experience tells me—markets that look similar in the beginning often hide traps later on. The market has never been that straightforward.