Based on the current market situation, the four-hour level shows a significant downward movement breaking through the middle band of the Bollinger Bands. The KDJ indicator forms a dead cross in this level, indicating a downward trend. The overall market situation is gradually weakening, and bearish momentum is beginning to diverge. From the one-hour level, the market shows a four consecutive bearish candles pattern breaking through the lower band of the Bollinger Bands before stopping. The KDJ indicator also shows strong bearish strength. All three lines are in a relatively low position, especially the J value, which has fallen below 30, approaching the oversold zone. Although there may be a technical rebound in the short term, the overall trend remains bearish, and this rebound will not change the overall structure. Therefore, I am more optimistic about bearish movement after the rebound in the morning.