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The current market sentiment is becoming increasingly volatile, with a sharp rise to 71,286 points in the evening followed by a rapid weakening, falling back to stabilize around 69,150, then entering a low-level weak oscillation.
In the short term, the rebound momentum continues to weaken, and the risk of chasing longs significantly increases. The 68,000 level below is a key defensive line. If it is broken effectively, it will open up further downside space.
On the hourly chart, after the previous surge, it entered a sideways consolidation, with insufficient bullish momentum and increasing correction needs. The candlesticks have consecutively closed bearish, and the short-term trend is likely to continue the correction rhythm. It is recommended to position for short orders at the rebound high.
For the next rebound, short at 70,350-70,850, targeting the 68,500-68,000 range!#伊朗明确达成停火协议要求