Interest rate cuts are coming soon. Personally, I tend to believe that the market will continue to go down today; the positive news has already been priced in and is turning into negative news. During my live stream at noon yesterday, I stated my view that it won't surpass last Thursday's high of 94,000. Over the weekend, my view was that it would not break through the 95,000-96,000 resistance level, and now it seems that the resistance level may gradually move lower, with the bullish momentum falling short of expectations.
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Interest rate cuts are coming soon. Personally, I tend to believe that the market will continue to go down today; the positive news has already been priced in and is turning into negative news. During my live stream at noon yesterday, I stated my view that it won't surpass last Thursday's high of 94,000. Over the weekend, my view was that it would not break through the 95,000-96,000 resistance level, and now it seems that the resistance level may gradually move lower, with the bullish momentum falling short of expectations.