The early trading session shows a slight pullback, falling to around 740,400 to halt the decline. In the short term, there is a slight rebound. Currently, the price is again rising to around 71,000 for consolidation, but there is no clear bullish recovery signal. The phase adjustment does not indicate a change in market direction but is rather a consolidation after a short-term bottoming. The inability of the bulls to fully recover suggests a bottoming pattern with oscillation and consolidation, and there is still potential for further downside momentum.