The current price is around 2382.71, and the overall trend is showing a fluctuating downward movement. Although there is significant downward pressure in the market, there are also some signs of being oversold, and a rebound may occur in the short term.

From a technical perspective, the KDJ indicator is at a low level, indicating that the market may welcome a rebound. The bearish strength of the MACD is weakening; although a death cross has formed, indicating a strong sell signal, the possibility of a rebound still exists. Therefore, while there may be fluctuations in the short term, the overall trend remains bullish.

If you hold a short position, you may consider reducing your position to avoid over-relying on a short-term rebound.

If you are considering entering a long position, you should pay attention to the support level around 2300. If the price breaks through the support and stabilizes above this level, you may consider entering the market.

At the same time, monitor the changes in the MACD indicator to confirm the strength and stability of the rebound, ensuring that risk control and stop-loss settings are in place.

The market may experience short-term fluctuations and consolidation, but the overall trend still looks bullish.

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