Structural Analysis (1H + 4H)
4-hour level

From the high point of 2538 → Rapidly fell to 2358, has formed a significant weakening structure
Currently in the phase of a rebound after a decline
Upper range 2380–2420 has turned into a strong resistance area
Structural essence:
Trend has shifted from bullish to bearish → Rebounds provide opportunities for bears
1-hour level

Weak rebound consolidation after a sharp drop
Rebound volume is insufficient, price is always suppressed below the short-term moving average
Structure shows: lower highs + weak rebounds
Essence:
Correction in a downtrend → Easier to continue weakening
Bearish Logic (Core Basis)
High volume drop → Trend has already weakened