XPL this wave of market movement is quite interesting. The resistance above is obvious, the price surged and then experienced a strong pullback, and technical indicators are in overbought territory, indicating that the correction pressure is indeed significant. In the short term, the bears have the upper hand. However, from another perspective, the indicators in the bottom area are already severely oversold, and the opportunity for a rebound is brewing. To put it simply, the forces of bulls and bears are in fierce confrontation, and the direction has not yet been clearly shown. The market is like a multiple-choice question, with various possibilities in front of us. It might be more prudent to observe first and wait for clearer signals before making a move.