The daily trend has been stagnant since reaching a high point last Friday. Over the weekend, the market showed a doji and a small bearish candlestick, accompanied by weak trading volume and waning bullish momentum. Although market stagnation over the weekend is common, we must still carefully consider the risk of a weakening trend.

In the medium term, there is a continued sideways movement around the price of 65835, with a bearish AB=CD pattern. Although there are no clear and reliable reversal signals or solid structural features indicating a shift to a bearish trend, we should remain cautious due to the stagnant price movement based on the bearish harmonic pattern. If the price continues to fall below the low point, the probability of a subsequent shift to a bearish outlook is relatively high.

In the short term, the market has maintained a disorderly and chaotic trend within a sideways range. Without the formation of clear structural features, both long and short positions carry a risk greater than potential returns, so we choose to remain on the sidelines.

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