The two-week rebound is purely driven by sentiment, with no substantial fundamentals support. The overall trend remains bearish, with higher highs continuously decreasing and lower lows constantly being refreshed—a typical downtrend channel.



On the weekly chart, the market is in a bearish arrangement. The strong resistance zone above 2100-2200 is dense. The four-hour rebound shows no volume and very weak momentum, indicating a correction within a downtrend. Any upward movement is a trap for late buyers. Short-term, do not chase the rebound; any resistance should be shorted directly.

Trading suggestions: For aggressive traders, short at the current price of 2132. For more conservative traders, short near 2140-2170, targeting around 2080-2050, with a break below 2000.
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SherlockHolmesLittleTunevip
· 4h ago
Hop in! 🚗
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林染vip
· 5h ago
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