Currently, the volatility is just to prepare for a breakout. The market only tends to break out of its original trend when everyone is confused or hesitant. During consolidation, it’s just tormenting and testing you, forcing those who are correct in their direction to exit, and those who entered at the wrong time to get on the wrong train. This is the cruelty of the market!

The longer the consolidation cycle, the more momentum there will be after the breakout. Remember Jiang Yuan’s mantra, which can be applied to most markets in the future!
Currently, the price is still above 90,000 points. The daily line of consecutive bullish candles has been interrupted, turning downward with consecutive bearish candles. The top and bottom reversal at 89,200 was emphasized earlier and was also touched last night. Today, the focus is on whether it will continue to decline with bearish candles, which would mean the strong resistance at 94,500 again becomes a top. The subsequent trend would then be bearish. Conversely, if a bullish K-line reversal occurs, the probability of a breakout will be greatly increased!