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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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Yesterday's market showed a fluctuating rebound trend, failing to break through the short-term resistance level of 114300 indicated yesterday. In the afternoon, it started to decline again in line with yesterday's prediction-----the rebound during the Asian market period did not break through the resistance level, and the market will decline again to make a new adjustment low. Can it continue to go lower today? Currently, the market is in a new daily chart downtrend, but this recent decline is gradually coming to an end. It is expected that today a fluctuating rebound will begin, especially if it breaks through the 114000 level, the rebound strength will increase. Of course, since this is a rebound market, the process will be relatively volatile, buy low, sell high is acceptable. The rebound starts at midnight, and if it continues to rebound to 114600, one can participate in the pullback. After the pullback, one can layout for the rebound upwards. The intraday rebound reaching around 115400 should not be a big problem.