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Before the trendline is broken, it's indeed not advisable to be too bearish too early. Section Chief, this chart is drawn clearly; let's first observe the support at 7.9-7.88 before making any judgments.
Can the current position be strongly bearish? Looking at the pattern, without breaking below the major trend line, before the previous support at 7.9-7.88 drops, is it really a bit early to be bearish?
If it directly breaks down, then taking a short position could also recover losses.
No one can predict the market, but understanding what reactions might occur at certain levels can serve as a reference.
What’s drawn may not be entirely correct; just for reference...