Recently, the large pancake has been continuously washed back and forth, but it is still in a range-bound oscillation. Currently, the bottom support at 92,000 and resistance is still very solid. The monthly line is about to close, and the pin bars are constantly appearing. The competition is fierce, and we need to pay close attention to whether the support at 92,000 is effective. If it falls below the support, the market sentiment may continue to decline, and warming up may have to wait until the eve of the new administration for any breakthroughs.

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