The market in the last 12 hours has indeed been somewhat subtle. The main capital net inflow is $1.88 million, which looks like the bulls are gathering strength, but then two market sell orders totaling $2.71 million directly broke this optimism—this tactic is best described as "building the bridge while secretly crossing the river."

The market response is very honest. The 1-hour K-line trading volume surged by 122%, yet the stock price did not rise with the trend; instead, it fell. This kind of volume-price divergence usually indicates something. The KDJ has already formed a death cross downward, and the MACD red bars are shrinking, indicating short-term downward momentum is accumulating. The EMA moving averages are still supporting a bullish arrangement, but under the fierce attack from the bears, they also seem quite shaky.

The key point is this: the support level at $9,120. If it collapses, it could trigger a chain of sell-offs, with the target directly at the $9,000 mark. From a capital perspective, the so-called "net inflow" looks more like a smokescreen; the real intention is exposed by those large market orders—actions of cashing out at high levels.

In the short term, the risk is clearly greater than the opportunity. Retail investors should rather wait and see if the $9,120 support can hold, as this is the key to judging the subsequent direction. The market is still unfolding, and patience is more valuable than quick actions.