The current price is in the 71k consolidation zone (below the pivot point of 72,140), indicating a short-term bearish trend. If uncertainty in Fed policies or continued pullback in risk assets persists, focus first on whether the support at 70,500 → 69,378 holds—if it does, consider going long with targets at 72k–74k. If a volume breakout occurs above 74,450, shift to a bullish outlook with the next targets at 75k–76k. Stop loss suggestions: set long position stops below 69,000, and short position stops above 74,800.

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