Short-term trends are easily driven by the rhythm of war, and in the early morning, a large short squeeze scene was triggered by rising holdings and extremely low negative fee rates, breaking through the distribution gap at 73.7k in one go (there may be gaps to fill here from the previous two times, this time the long-term main force directly bought in to push up and liquidate). The chain reaction pushed the price to the highest point in the past month.

Because long-term funds have carried out two consecutive consistent distributions, if there is no intervention from institutional funds in the subsequent market, the price will naturally fall after the buying frenzy:
At the same time as the rally, two absorption gaps appeared around 72.7k and 71.3k in the medium term, with the first most likely to be filled, which can also serve as an intraday correction target.

After the right shoulder breaks through the high point of the left shoulder, the probability of testing the head greatly increases, meaning the current strong resistance zone is around 76k, and a pullback to between 725-730 can serve as a new rebound opportunity.