6.13 Morning Analysis:

The price has continued to decline from the high of 110,392 on the 4-hour chart, establishing a short-term downward trend. In terms of candlestick patterns, the repeatedly appearing long upper shadows are clear signals of resistance above, indicating that the bulls are struggling to mount a comeback. Technical indicators confirm this: the 4-hour MACD fast and slow lines are continuously moving downward, with the negative histogram expanding, showing strong bearish momentum that is still increasing; the daily MACD has formed a death cross, adding weight to the bearish trend. Therefore, the market as a whole remains under the control of bears, with a lack of effective rebound momentum in the short term, maintaining a weak downward oscillation rhythm.

Trading Suggestions: Short near 103000—104000, targeting around 102000—101000. Second batch: Short near 2480—2510, targeting around 2400.