Crude oil: Yesterday opened near 69.77, with slight fluctuations during the early Asian session. Before the European session, it showed a false continuation of the downtrend at 69.37, then began a strong rally during the European session. The US session opened without any signs of a pullback, continuing the rally from the European session, reaching a high of 72.09. The late session saw a weak pullback adjustment, and combined with the bearish API data this morning, the lowest point was at 71.28. Currently, the opening is stable, hovering around 71.4 awaiting adjustment. The resistance above is in the 72.5 area, while the support below is at 70.7. Therefore, today we will focus on the resistance and support levels. There is also EIA data in the evening, so risk management is crucial. For trading, it is recommended to go long at 70.7, targeting 72.5, with a breakout potentially reaching 74.3, and a stop-loss at 69.85.