Last night, the first downward break of the range occurred, finally breaking the bulls and bears' equilibrium.

The bears are starting to become more confident, and the price continues to decline.
Breaking below 2300 indicates the end of the bullish phase, and whether it rebounds or continues to decline afterward, trading becomes much simpler.
The range between 2300 and 2385 has been broken, and currently, a five-minute consolidation zone has formed between 2291 and 2278.
This zone is critical in determining whether the downtrend will continue or if a rebound will occur.
It has already broken below; if it cannot rebound and break through the range tonight, caution is advised, as the momentum of a waterfall decline is growing stronger.
Below, refer to the 2205-2147 range.
In fact, many times, a strong trend only lasts for a few minutes, and the rest is mostly consolidation with decreasing volume.
Just like now, before it even fully manifests, the market is already starting to stir.