After breaking below the 2600 level, it began to decline all the way down. Yesterday, it rebounded from a low of around 2480, which completely aligns with the strong rebound in the market. If that happens, it will continue to consolidate between 2600-2480 before pushing higher.

Looking at the hourly chart, 2600 is a minor resistance level. A breakout will lead to a surge, but the increase may not be ideal. We still need to see some oscillation before there is enough strength for a rally.

Otherwise, at the current price, it may continue to adjust downwards to the 2400 level and consolidate for a period before pushing up to 2800-3100.