Looking at the four-hour chart, although the candlestick shows a bearish signal, the trading volume hasn't followed suit. This indicates that the current decline is just a false move. Traders who specialize in technical indicators are usually very cautious about such signals and won't easily establish short positions.

However, to be honest, the room for a continued upward surge is also quite limited. From a fundamental perspective, the Federal Reserve is unlikely to cut interest rates anytime soon. Coupled with tense geopolitical situations, the market manipulation logic under this background is quite clear—first, to prevent people from easily shorting, and second, to torment existing short positions until traders' psychology collapses. This actually reveals important information: the price can't go up or down, leading to a stalemate.

My expectation is as follows: initially, there will be a downward adjustment of about 2 points, then a rebound that hits stop-losses, and only after that will a real decline be triggered. Therefore, I remain optimistic about the current bearish trend, possibly taking profits near the decline target and re-entering after a rebound. Of course, this judgment assumes no other black swan events disrupt the rhythm.