On the four-hour chart, the previous continuous oscillating rally failed to extend further, and the bulls have been unable to break new highs. Subsequently, a large-bodied bearish candle dropped sharply with increased volume, directly breaking through the middle band support, shifting the structure from strong to weak. The continuation of the short-term bullish trend is now temporarily halted. From a short-term rhythm perspective, after the sharp decline, there was no sign of inertia-driven continuation; instead, the momentum slowed down. At this point, chasing short positions is clearly not appropriate.
It is recommended to go long around 66,500 and 66,000, with the first target at 68,600, and if broken, then look for 71,700.