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The first line was stimulated by the news, and the tug-of-war has begun;
Combined with the technical analysis in the fourth point, a decline is normal, which is easy to predict.
What’s hard to predict is where the drop will stop, so we need to track the strength of this wave of decline;
What to look at? How far can it fall with this news in the first wave, and how strong is it? What is the structure like? How is the support at key levels? Then make a judgment.
70,000 is a very good observation point.