The technical indicators show that the 4-hour level has broken the upward trend line, with bullish forces significantly retreating and market sentiment continuing to decline. In the face of market changes, flexibility in response is key; blindly following the trend is certainly not a good strategy.
Previously, market enthusiasm supported bullish expectations, but now that support has been broken, it is necessary to adjust strategies in accordance with sentiment, otherwise there will be a heavy blow. Although Musk's tweets have boosted morale, the market's response has been lukewarm, making short-term operations more challenging.
The US stock market and global financial markets are in a decision-making period, with high risks of chasing highs and cutting losses.