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Nothing significant is happening at the moment. We’ve rejected a higher time frame (HTF) resistance area around the 74k region and are now moving down into the liquidity below.

The next key HTF levels to watch are around 66k, which aligns with the monthly open, and 65k, where we have untested weekly lows.

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Clean rejection from the first bearish retest level. The key support sits at 67k & 65k

Initially, we bounced to form a local bottom, and then moved up to clear the liquidity that was created during the downside move. The market always hunts liquidity in both directions. one side of liquidity is taken, Now market shifts its focus toward the downside liquidity.