Time-sensitive content MSFT beneficiary stock NBIS is still showing strength. The Put Wall is still concentrated at $180. So, stop-loss for long positions can be set below $180. Looking at the GEX situation for the expiration date, the options market for NBIS is dominated by negative GEX until 8/14. In the data center sector, NBIS is still performing far better than IREN. The market today still requires agile trading. For now, this can only be recognized as a short-covering rebound, not a reversal. From my perspective, the possibility of a reversal is almost nonexistent. In the next half-month trading cycle, we must remain agile. If SPX can strongly recover today and stabilize within this month's GEX Wall, the market will become much clearer after the 7/31 options expiration. This post is sponsored by @Coinbase. Coinbase is currently widely opening up KYC, and in the future, stablecoins and RWAs will make Coinbase's trading offerings even more diverse. For U.S. stock contract trading, head to Coinbase. Sign up for Coinbase here: https://advanced.(coinbase.com)/join/99LLC4W