Don't be fooled by the rebound! This is not a reversal at all, just a weak correction during the downward journey!

No breakthrough of the previous high, the mid-term adjustment is far from over. After a rapid rally, relying on emotional momentum, slow and cautious moves are all traps for deception. The double suppression from trapped sellers above and profit-taking buyers below means that if the rebound encounters resistance, it could trigger a stampede-like sell-off at any time.

Global liquidity tightening remains the main negative factor, the trend has not changed, watch more and act less.
Focus on the 70k key watershed below; after a valid break below, then look at the support zones at 68,000 and 66,500.
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