One Hour Level:

The one hour level is consistent with the four hour level.

The downward channel is obvious and standard, while the upper pressure area is once again validated.

In the downtrend, focus on the support and resistance interchange position around 96500 within the channel.

Pay attention to the pullback situation after breaking down; if there is no pullback or recovery,

then the downward trend starting from the upper edge of the channel is likely to continue the trend of a downward continuation market phase.