Most people are watching the 70500 level as support on the market chart, but whether this point can really hold is actually very uncertain.



The previous positive news sentiment has already played out, and the current market rebound momentum is clearly insufficient. There is no real strength in the rally, and the technical pattern still leans toward a downward trend.

Therefore, the US stock market opening lower is completely within expectations. Bears only need to patiently observe; there's no need to rush. Quietly wait tonight for the market to find a direction, and bears should continue to hold patiently.
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