Over the weekend, it hovered around 74 at a high level and has now fallen back to around 71, with resistance on the daily chart particularly evident. Currently, the intraday rebound momentum is weak, so there's no need to rush into the market. To see higher levels, one needs to place buy orders in the direction of the trend; recently, there has been a clear suspicion of trap trading at lower levels. Wait for a good entry point to go long.



Regarding technical indicators, the MACD fast and slow lines are weakly operating below the zero axis, and the bullish momentum bars have not yet expanded; RSI is hovering in the weak zone of 40-50, indicating insufficient short-term buying follow-through. If the price cannot regain and stay above 71,500, the bears will maintain dominance, and the lower boundary of the oscillation range at 70,500 will face repeated tests.
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