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Those who follow Erbing's family can clearly see that the recent market trend has been moving in a bearish pattern, which aligns closely with our previous judgment.
After a rally, it lacked the strength to continue, then quickly retreated, with each rebound becoming weaker. The bullish momentum continues to diminish, and the overall price center keeps moving downward. The daily chart structure is now leaning towards a bearish trend, with key support levels repeatedly broken, indicating further downside potential.
The short-term oscillation and consolidation are not signs of a bottoming process but are instead draining the buying interest, leading more people to hold onto false hopes. Once a breakdown signal appears, the decline will accelerate significantly. We still adhere to a high-short strategy and will not easily change our outlook.
Trading suggestion: Short around 2070-2100, targeting 2000-1970. If it breaks below 1950 and 1900, further declines are expected.