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The morning market experienced a shakeout pattern with upward and downward pin bars. Although it seems like a fierce battle between bulls and bears, there are hidden risks in the details. From a technical perspective, the market has effectively broken below a key support level during the pullback phase. This breakdown indicates that short-term bullish defenses have failed, and the market's balance is further tilted toward the bears.
Although the chart later showed upward pin bars, forming a brief rebound, giving the illusion of "support below and room for further upward movement," it is impo