Yesterday's market was as expected, falling to 66251, and did not break the support below. Today, it is obvious that once it reaches 68000, selling pressure will appear.
The main force is cautious about the short-term market. There may be only one interest rate cut this year. During this period, we must remain cautious. Whether from a macro level or from a technical perspective, the current stage is only suitable for participating in some short-term opportunities.
If it breaks down again, we must pay attention to the possibility of breaking the 66000 support. The recent strong US dollar will increase the possibility of breaking. We must also pay attention to the long-term impact of interest rate decisions and Powell's hawkish stance on the market. The daily trend is also bearish.
Remember that before the risk event ends, all market conditions will return to the technical side. Don't try to make a breakthrough order in the short-term rebound. If there is hope to rebound to at least 69000 and stand above it again, break through 70000 again, the market may continue.
Trading opportunities can focus on the resistance at 68400 and 70000. The support level can focus on 65000 first, and wait for the specific right signal to occur before entering the market
