Last night's live broadcast clearly stated that there is a 100% chance it won't go into an upward trend, and the market is stuck between 71500 and 73100 and will come down.
From the daily indicators and the 6-hour indicators, it can be seen that the market will inevitably crash, but the big players are not going to kindly reach around 73100 for you to short. The 1-hour EMA resistance, also the K-line resistance, is near 71600, where the market has repeatedly misled everyone into thinking it wouldn't drop.
This is why I said last night at around 70900 to wait patiently, it will definitely crash. You can't stay up all night watching the market; at that point, it may drop, but you can short in advance and set your stop-loss far away. This market reminds me of 84600; I shorted at 84000, setting my stop-loss far away, always looking at 77800 and 75000 for that trade.
It's even harder to place orders; where do you place yours at 73100? Even those with stop-loss 500 points above 71500 around 71000 will be hit. Do you see the spike and close at 7 AM? That’s for triggering short stop-losses.
This reflects the current market situation; try to play contracts in the direction of the big trend. Use 1 and 4-hour charts to determine direction, and enter based on short-term indicators. If the big direction is wrong, you won’t even have a chance to break even.
And the support levels are simply 66800, 65600, 60000, and 55000.
From the weekly chart, the bottom looks deep, but we shouldn't worry. With the assistance of the 4-6 hour intermediate line, whether the market will form a rebound after hitting the bottom will be answered as the indicators change.
When trading spot, be cautious; once the bottom is successfully formed, there will be opportunities to catch the bottom.