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The MACD indicator remains in a death cross state, with the momentum histogram expanding negatively. The Bollinger Bands are opening downward, and the price is closely following the lower band, indicating a clear bearish dominance.
Although the KDJ indicator shows an initial golden cross at a low level, the rebound momentum is lacking. Coupled with the previous downward movement accompanied by increased volume and the formation of multiple top structures in the upper range, the short-term rebound space is likely to be limited.
Trading suggestions (for reference only, strictly set stop-loss): Recommend short positions around 2880, 2960, with targets at 2790, 2730, 2680.
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