The market remains in a weak trading pattern with further deepening of the downside, and signs of a lack of rebound momentum are clearly evident. In the four-hour cycle, the price repeatedly faces resistance at the middle band of the Bollinger Bands and pulls back, indicating that the rebound is a technical correction; the three Bollinger Bands are converging downward, and bearish pressure is gradually building. In the hourly cycle, the price has broken below the middle band support, which continues to move downward and has turned into a strong resistance level, with bearish momentum steadily increasing. In summary, the market is operating within a downward channel, and no effective signs of stabilization or a bottom have appeared. Do not blindly buy the dip‼️