The two-candle pattern clearly shows a bearish dominance. After a quick rise to 2174.07 in the early session, the price quickly fell back, forming short-term strong resistance. Subsequently, the price continuously broke through moving average supports, and the 15-minute chart shows a standard downtrend structure with higher highs decreasing and lower lows constantly refreshing, forming a typical downward channel, with a firm bearish trend.

The weekly moving averages are arranged in a bearish alignment, indicating an overall downward trend. The 2100-2200 zone above is densely packed with strong resistance, making it difficult for the bulls to break through. The four-hour rebound lacks volume and strength, indicating a correction within a downtrend rather than a trend reversal. Any upward movement is primarily a trap by the main forces to induce buying; do not be fooled by short-term rebounds.

Trading suggestion: Short around 2120-2150, targeting 2050 - 2000, with a break below 1980.