Early morning price action continued the bearish trend, pulling back to around 70,200, then declining to around 68,800 before bulls added volume and moved up to around 70,600 with oscillation. The overall market maintained range-bound oscillation. The daily chart shows a lower shadow doji bar, the four-hour level shows bulls shrinking volume that turned into volume expansion with a yang candle, and the hourly level shorts are showing shrinking volume gradually forming an upward break.

Wednesday Morning:
Price action around 70,200-69,700 bulls, target 71,700-72,200 area.
Price action around 2,140-2,120 bulls, target 2,190-2,220 area.
Price volatility is high, pay attention to risk management and hedging. Lock in profits within range consolidation for safety.

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