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17:25

The market continues to trade in a range of 64,483~63,730, but the focus is starting to shift downward. During the session, it broke below 63,730 twice and was quickly pulled back. The rebound’s swing highs are getting lower, and the time cycle is getting shorter. Overall, the market shows a clear weak pattern: rising on low volume and falling with increasing volume. At present, it is consolidating around 63,730. For the next phase, keep watching 63,730—an effective breakdown of 58k would signal that the entire rebound started from that move has ended, and the market structure shifts into a C4-2 decline. Next week, the market will start falling again on a weekly level. By closing this week above 63,730, there is still a chance at the beginning of next week to once again challenge 64,700 and clear the 65,150 chips.
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