From the current trend, intraday after spiking to 794 in the early morning and facing resistance, it has been steadily declining. As the rebound weakens, the short-term level leans more towards a bearish outlook. If it cannot stay above 780 tonight, then this round of gains will be considered over. However, a sharp decline without negative news is less likely, so at this point, we need to proceed step by step. In the evening, watch for a pullback; pay attention to the 765 support below. If broken, continue to look lower; if not broken, reverse to a long position.

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