Today, the focus is on whether the 2950 level can stabilize.
If it can hold above 2950, it would be a short-term positive signal for the bulls, at least alleviating the current downward pressure.
However, if the price continues to be suppressed and repeatedly fails to effectively break through 2950,
the market is likely to oscillate downwards along the current channel, testing the key resistance level of 2620.
Breaking below 2620: it's necessary to start guarding against a deeper level of retracement;
If effective support is found around 2620: if a clear candlestick structure appears at the beginning of the month,
then the probability of moving north again next month will significantly increase.
This stage is not suitable for emotional chasing of orders; focus on key price levels and let the market provide the answers,