From the hourly chart perspective, the market has strongly broken below the middle band of the Bollinger Bands. The original middle band support level has now turned into a solid resistance. This breakout has directly strengthened the foundation of the bearish trend, and the bearish momentum has further been released. Looking at the MACD indicator, it shows a clear bearish divergence pattern. The previous golden cross not only failed to push the market upwards but has instead continued to diverge downwards, with the chart being occupied by elongated bearish candles, as if the bearish force is incrementally increasing in a step-like manner, constantly accumulating momentum. Future positioning should align with this trend, primarily focusing on entering short positions when rebounds encounter resistance, in order to seize opportunities in line with the market rhythm.
