$LIGHT The current core issue is that "the bulls have withdrawn, and it cannot hold in the short term; it hasn't completely cooled down in the medium term."

Last night, half of the long positions were cut, and they are still reducing. This is not just a minor washout; the bulls are actively running away, and in the short term, it will definitely continue to oscillate downward.

However, it hasn't completely turned bearish in the medium term, as the previous upward trend hasn't been broken by key support yet. It now resembles a "short-term adjustment after the withdrawal of the bulls," rather than a direct trend reversal.

In summary: short-term bearish, medium-term depends on whether key support can hold. Right now, it's best not to act rashly and to observe cautiously.

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