From the current market situation, the daily chart still shows significant resistance. After an upward probe, the momentum clearly weakens, failing to break through effectively, and then quickly falls back, forming a long upper shadow, which indicates that the selling pressure at high levels is being released and that the pullback is not yet complete, leaving some room for further decline below.

The four-hour structure is even clearer. After the price was pressured by the upper Bollinger Band and pulled back, it is gradually approaching the middle band. The rebound strength is relatively weak, and the strategy of shorting at high levels remains valid. It’s important to note that there is short-term support near the middle band, and the white session may see slight fluctuations, but the overall direction remains unchanged. Trading should mainly focus on shorting at rebounds and responding to short-term movements.

Until a clear reversal signal appears in the weak structure, it is more prudent to maintain a sideways-down approach.