Odaily News Trader Eugene posted on his personal channel: "In short, you don't need me to say that in hindsight this was undoubtedly a clear bear market downside retracement, followed by a fierce rejection. Looking forward, I still think the market is gone and longs are only suitable for optimal setups. The next key focus is expected to be $75,000. Keep low risk and return to capital preservation mode."
(Note: "Optimal setups" refers to the best entry opportunities with a higher risk-reward ratio (RR), a higher winning rate, and in line with the trading strategy.)