From a structural perspective, it is still in an upward channel; today’s bearish candle has disrupted it, but the overall pattern of higher lows has not been fully reversed. We are currently in a pullback phase during the ongoing rally. The key is whether the 73,000 level can form effective support. The 74,500-74,800 area above has shifted from support to short-term resistance; if price rebounds to this zone, it may face pressure. In terms of trading strategy, we should still keep a primary focus on taking shorts at higher levels.