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I’ve been emphasizing to everyone that the core logic of this round of market movement hasn’t changed—daily consolidation with a rebound on the three-day line.
Last night, as expected, the market successfully broke above the key overhead resistance at 64,900, and the bulls have officially opened up new upside space.
However, after the breakout there was no quick surge. This isn’t because there’s strong pressure overhead; instead, the main players are clearly controlling the tempo, choosing to keep lifting the price gradually.
The 65,000–67,200 range is a typical “vacuum zone,” with almost no effective resistance. If volume picks up later, the market could accelerate further.
Current daily-level support has shifted up to 63,800, and near-term support is around 64,000.
In terms of trading, it would be a relatively better choice to wait patiently for the price to pull back to the support confluence zone, and then place long orders following the momentum.