Last night's market plunge touched a key support zone at one point, and although the defense line was barely held, the continued selling pressure and volume expansion in early trading failed to open further downside space, indicating that current selling pressure is approaching phase exhaustion. From the pullback structure, while bears are still probing, momentum is clearly insufficient.

On the four-hour chart, consecutive bearish candles appear to favor the bears, but upon closer inspection, the size of candle bodies is gradually shrinking, and the downside slope is clearly flattening—typical characteristics of depleting bearish momentum. Meanwhile, after breaking below the 68000 round number level, price failed to accelerate lower. Instead, it repeatedly consolidated at lower levels, signaling that buying interest from below is strengthening and market sentiment is gradually recovering from panic.

Recommendation: Take long positions around 67300 and 66800, with targets first at 69500, and if broken, then targeting 71600.
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