The most critical resistance level currently is the daily MA20 at 2094.8, and the price is being suppressed by it. The entry logic is to wait for the price to rebound to the 2090-2095 zone and observe whether a stagnation K-line pattern appears on the 15-minute or 30-minute chart (such as a pin bar or harami). At that point, a small short position can be initiated. The stop loss is uniformly set above 2100, outside the 1-hour MA60 at 2129.5. If the short position is triggered, the first target is 2065, and the second target is 2048. In terms of position management, this is a trend-following trade within a downtrend, so normal position sizing can be used. If the price unexpectedly holds firmly above 2094.8 with volume, the short-term bearish logic is invalidated, and it is advisable to exit and wait; the upside target is 2123. If the price directly breaks below 2065, consider adding to the short position, with the target around 2048.

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