In the early hours, Powell made hawkish remarks, pointing out that tariffs are pushing up inflation. The Federal Reserve will keep high interest rates, while US bond yields rise, putting pressure on risk assets. ETFs continued to record net outflows, and selling pressure from institutions was evident.

Technically, the market surged and then pulled back, falling under pressure from the Bollinger middle band. The KD indicator produced a death cross, sending a clear bearish signal. Resistance at 76,000 is strong. For the short term, it is suggested to focus on going short, and to sell in batches at 75,500–76,000.