Evening Analysis on May 14:

From the four-hour cycle chart, the current price pattern has formed a complete M-top technical structure, with bullish and bearish forces repeatedly contesting in the neck line area, creating a consolidation platform that has lasted for three weeks. According to the classic technical rule "the accumulation cycle is positively correlated with unidirectional space," this energy accumulation process lasting 21 trading days, once a directional breakout occurs, will trigger a highly sustained trend market. From the moving average system perspective, the EMA5/EMA10 shows a standard bearish structure, and the medium to long-term moving averages are displaying a downward divergence. The MACD indicator continues to operate below the zero line. Based on a comprehensive analysis of technical factors, it is recommended to continue executing a trading plan to short at the resistance level after a rebound, with a focus on effective breakout signals at the lower edge of the range.

Trading suggestion: Short near 104500—105000, with a stop loss at 105500. Target around 103000—102000.

Second option: Short near 2700—2670, with a stop loss at 2740. Target around 2620.