The weekend analysis has not been updated, which means that the view on Saturday is still maintained. I have already warned that there may be a downward trend. After the big cake touched the high of the range of 62,000, it fell all the way back to 58,000.
The short-term ups and downs will continue. There will be large fluctuations today, Monday. The key depends on the opening of the US stock market in the evening.
This week, the focus is on CPI data and unemployment data. This time is more critical. Major institutions believe that interest rates must be cut in September.
However, the current market expectation has reached the 50% probability of interest rate cuts in September. If it goes as it should, institutions may intervene in the market again to prepare for the official start of interest rate cuts.