4-hour level, Bollinger Bands continue to expand downward, price remains constrained by the upper band, multiple rebounds face pressure and decline, bulls lack momentum, consistently failing to break through key resistance zones. Moving averages on all cycles show bearish alignment, short-term moving averages continuously press down, forming layered resistance levels, upside space is limited. KDJ indicator shows death cross at high levels and continues diverging downward, bearish momentum continues to release, overall bearish pattern unchanged, no obvious reversal signals seen in the short ter
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