1. Short Squeeze (Bullish) • A breakout above 105500 triggered a short squeeze, with a target to attack 106200~106800. 2. Pullback after a rise (bearish) • Encountered resistance at 105500~105800, quickly dropped after a failed attempt to lure in buyers, retracing to 104500~104000. 3. Range Fluctuation (Consolidation) • Consolidating in the range of 104800 to 105500, waiting for news or capital to drive movement.
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✅ Three major scenarios for tonight's market:
1. Short Squeeze (Bullish)
• A breakout above 105500 triggered a short squeeze, with a target to attack 106200~106800.
2. Pullback after a rise (bearish)
• Encountered resistance at 105500~105800, quickly dropped after a failed attempt to lure in buyers, retracing to 104500~104000.
3. Range Fluctuation (Consolidation)
• Consolidating in the range of 104800 to 105500, waiting for news or capital to drive movement.