We're currently in a typical triangular choppy, grinding market where both bulls and bears lack strong continuity, with prices oscillating back and forth. The decline from the earlier highs was significant, making it hard for the technicals to quickly recover lost ground. For a true reversal, it will likely need to be driven by fundamentals. The daily-level rebound is very limited—prices turn back down as soon as they hit resistance, and there's no clear breakout reversal signal yet.