From the perspective of the 4-hour cycle structure, the market shows a clear trend of rising and falling, with prices having broken below the middle track support. The three lines of the Bollinger Bands have all turned downwards simultaneously, significantly increasing the risk of further declines. The MACD double line has formed a high position death cross in the strong area above the zero axis, with buying momentum continuing to weaken, and bearish forces gradually dominating market rhythm. At the same time, the KDJ and RSI indicators are synchronously showing a bearish arrangement, continuously descending towards the weak zone, indicating that the market is in a deep correction phase, further reinforcing the market's bearish resonance signal.