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The second candlestick surged to a high of 2058.27 within 15 minutes, but the bullish momentum clearly weakened. The price stagnated and pulled back from the high, currently trading around 2045.
Although the short-term moving averages are still in a bullish alignment, the upward slope has slowed. The price has broken below the short-term support line, indicating weakening upward momentum. The key support level below is 2025; if it is broken, it will open the downside space, indicating a short-term bearish outlook.
Trading suggestion: Short at 2050-2080, target 1980-1930.