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VIRTUAL this wave of market movement is indeed eye-catching—bottoms have been bouncing back nonstop, rising four days in a row and directly surpassing 90%. Many people are a bit excited about this momentum, but from a technical perspective, today's trend has already signaled a pullback.
The hourly chart encountered resistance here, and the high-volume candle yesterday with a pin bar formation is quite obvious. The current price is at 1.064, which is honestly a somewhat awkward level—the increase has been significant, but it hasn't reached a point where it can't be pushed further.
From this perspective, the probability of a short-term correction is quite high. If you're a short-term trader, this price level actually carries some risk. Experienced traders would consider reducing their positions or waiting for a pullback before re-entering, rather than chasing higher at market price. That's how the market works—after a sharp rise, a pause or correction is often needed.