The market movement from 15476 to 124474 is currently undergoing consolidation. According to swing trading patterns, after the consolidation is complete, there is a high probability that another round of pump at the same level will occur.

What is the key point? The deepest internal pullback in the previous round was 35080. If a similar level of adjustment is to occur, the pullback must exceed this number - in other words, it must break below the line of 91119.

Looking down, the major support is at the 38.2% Fibonacci level, which is around 83903. The movement that started at 124474 is a trend-following joint formation, and the decline initiated at 126199 appears more like a multiple zigzag adjustment from a structural perspective.

But now the question arises: judging by both the magnitude and internal structure, the adjustment is not yet in place. The bottom? There is no sign of it yet.