From the hourly chart, the price has repeatedly attempted to break through key resistance levels recently but has failed each time, indicating heavy selling pressure above. Currently, in the MACD indicator, the DIF line remains below the DEA line, and the histogram is negative and continuously expanding, showing clear bearish signals. At the same time, the moving average system is displaying a bearish arrangement, with short-term moving averages suppressing the price downwards!

The target for the major player is to move south near 105, aiming for 103-102.