The early morning session continues to show weakness, with the overall bearish structure deepening further. The daily chart closed with a solid large bearish candle, and bearish forces have completely dominated the market. The weak pattern is unlikely to reverse in the short term. The hourly Bollinger Bands are opening downward continuously, with the middle and upper bands forming double resistance. Every small rebound is quickly engulfed by bearish candles. Highs are consistently lowering, lows are continuously refreshing, and the stepwise descending channel remains intact.