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The daily pressure is suppressed near 1615. This is also the first attempt to challenge during the recent decline.
It shows that the short-term range oscillation has been destroyed, and there is no further challenge to the support below, but it chooses to go directly up near the support.
After coming down here, we will continue to go up, expected to be around 1628.
So if there is a chance to get below 1600, you can place long orders.
There is also heavy volume when the 4-hour cycle breaks out of the range, so even if it falls, it will continue to go up.