The key area to focus on is the pressure around the 79,500 to 80,000 level. Once there is a continued increase in volume and a breakout, the market will open up to the upside, and the rally will resume. However, without a confirmed breakout and stabilization above the resistance, there is no need to chase long positions. From the four-hour and eight-hour timeframes, multiple attempts to push higher have pulled back at this level, indicating a potential double top formation. If it does not break and stabilize above, the strategy should mainly be to short on rallies.

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