Song Xiqing Weekly Chart Analysis: The Kongtou dominance remains unchanged, and the critical watershed is imminent.

In the first week of the month, a solid bearish candle directly wiped out the previous low liquidity.
In the second week, an attempt to rebound upward was precisely rejected at the previous week's low point.
Last week was even more decisive—the entire rebound with a bullish candle was completely engulfed, closing below the opening price.
This week, the opening price surged upward, breaking through the weekend high, conveniently clearing the accumulated liquidity above.
Looking at the picture as a whole, it’s very clear:
At the start of the month, Kongtou first moved to sweep the lower side, then rebounded to confirm resistance, now gathering strength for a second downward probe.
The most critical variable right now: the weekly opening price.
If it cannot hold, the space below opens up, with the target directly at the 58.9k-54.5k range.
If it holds, then it will be a zone of oscillation between 63.2k-67.5k, repeatedly grinding before a new downward move next month.
Two possible paths, one ending.
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