CVP market essence:

Trend overview: 1/2/4H and daily short positions are clear, long positions should be cautious.

Daily key: 0.1261 resistance has not been broken, short positions dominate the market.

Short-term analysis: 4H chart shows that the rebound does not break 0.1288/0.1322/0.2069, and short positions are still expected.

Short position target: Probe 0.1073 and 0.0885.

Spot strategy: Short positions can be opened in batches at the target position to capture the opportunity of callback.

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