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From a technical structure perspective, the short-term rebound of the double bottom is only a correction within the downtrend and not a trend reversal. The price has tested key resistance multiple times but quickly pulled back, with heavy selling pressure above and diminishing bullish momentum.
Short-term moving averages are under comprehensive pressure, indicators are weakening simultaneously, and the bearish momentum remains steady. The core trading strategy is clear: focus on shorting during rebounds and look for further downside to capture the downward wave.
Trading suggestion: Short around 2050-2080, target near 1980-1950, and if broken, continue to look lower.