The current market is in a critical support battle zone. After the price retreated from the high of 2423, a clear downward structure has formed, with lower highs, dominated by bears. The price has now retraced to around 2300, near the previous dense trading area (integer support), showing signs of a short-term stabilization, but the MACD is still below the zero line, indicating weak momentum, and the rebound strength is limited. If 2300 holds steady, a technical rebound to 2335-2360 is possible; once it effectively breaks below, the price could drop to 2280 or even the previous low of 2250. Overall: the bearish trend remains unchanged, and the current position is a short-term crossroads, with the key focus on whether support can hold.

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