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The second candle continues to decline from the previous high near 2410, having broken below the short-term upward trendline. Currently, it is oscillating above the middle band of the Bollinger Bands at 2270, with the upper band pressure at 2420 firmly suppressing it. The opening gap has shifted from expansion to stabilization, indicating a typical top at high levels and a signal of a bearish retreat. The rebound is an opportunity to short.
The candlestick chart shows consecutive downward moves, with four-hour candles continuously forming large bearish candles. The rebound is weak, with higher highs decreasing and lower lows continuing to probe downward—an early sign of a downward trend. As long as the support at 2300-2280 is broken, a new round of accelerated decline will begin.
Suggestion: Short around 2340, targeting 2260.