Tuesday: The fix is only temporary, and the short positions retreat still continues.

Yesterday's market saw a strong decline during the day session, followed by some degree of recovery in the evening session. The pace has been forcibly slowed down, but the recovery strength is still relatively weak, showing no signs of a trend reversal towards bullish. This is still very much in line with our broader strategy of taking short positions.

From a technical perspective, on the four-hour level, the price released downwards before recovering and rising. It is currently under pressure in the middle track area, but its trajectory is still downward, and there are no signs of recovering and moving higher. The small cycle pattern is still mainly bearish, with fluctuations delaying the decline.

On the hourly chart, the price has plunged and recovered upwards. Although this has a certain effect, the upward movement is currently under pressure at the 117,000 level, with moving averages showing a state of tension, unable to maintain a continuous rise. In the short term, there is still a clear demand for fluctuations.

Today's strategy is focused on a downward trend, primarily taking short positions at high levels:

In terms of operations, I personally suggest looking to short positions in the 116300-116800 range, and watching 114800-115300.
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