Monday 77k, Thursday 72.5k, now 74k.

Honestly, this week was not sideways. It was a real decline. On Monday, it was still above 77k, by Wednesday it broke below 74k, and on Thursday it touched the lower boundary of the daily channel at 72.5k.
Three thousand points lost in one week. The fear index is at 28, not yet at extreme fear.
What does that mean? Some people still haven't cut their losses.
Next week, I will only watch one number, 72.5k.
The bottom formed on Thursday. If we hit it again next week, it’s likely to break.
If it breaks, look at 70k.
If 70k breaks again, all the gains from last year's bull market will be wiped out.
The daily bear flag will also be confirmed, and then we will face a true violent decline.
Conversely, if 72.5k holds, the first target is 76k.
Only when it breaks above that can we consider the decline stopped.
But honestly, now is not the time to debate bull or bear.
The bears dare not chase, the bulls dare not add.
Whoever moves first at this position will be the one to make a mistake.
No rush. Let’s see on Monday.