Based on the current four-hour chart, the midline is around 80,700, and the upper band is near 81,700. The price has already stabilized above the midline, with some room to the upper band. The overall trend is upward, and the channel is in a bullish alignment. Our midday bullish outlook is solid.

Below, 80,700 is the short-term support level for the bulls. As long as this level holds, we can confidently hold our positions and wait for the next move. The first resistance above is at 81,700, and after a breakout, we look at the previous high near 82,800.

From a bottom-up perspective, the lows are not too high, and the highs are pushing higher. Overall, the trend is quite healthy. A pullback to the midline provides a buying opportunity. Don’t overthink it—stay firm in our bullish stance.