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The afternoon market movement unfolded exactly as expected. The pullback following the spike higher is not the endpoint, but rather a preparatory move for the next wave of momentum. The market has never been a one-way street of only gains and no losses; a healthy correction is precisely what's needed for more sustainable upward movement. The current adjustment phase has not fully concluded, and there remains space to the downside, but this creates an opportunity for us to reposition.
From a chart structure perspective, we're currently seeing normal consolidation pressure following a breakout above previous highs, rather than a trend reversal. The four-hour uptrend channel remains intact, and each pullback is accumulating energy for the subsequent move. What we need to do right now is remain calm rather than panic, and patiently await a clear stabilization signal from the market.