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AT this wave of market movement is quite interesting. It has been consolidating and oscillating all day, but trading volume has not picked up, giving the impression that the bulls have lost their desire to enter. Looking closely at the candlestick charts, this could very well be a manipulation tactic by the big players to push the price up, only to ultimately harvest the profits.
From a technical perspective, there is a lack of effective breakout signals. If the market continues to grind like this, the risk will gradually be released during the evening to early morning hours, and a waterfall decline is quite likely. My view is to remain bearish during this period, with a target around 0.12 for take profit. This range should serve as a relatively reasonable support level.
Brothers holding positions, there is still an opportunity to get in now, but risk must be controlled carefully. We will be able to see the market trend clearly very soon.