From the high of 71582.9, prices have been hammered down with no effective rebounds in between, forming a one-sided bearish trend with consecutive large bearish candles and bulls showing no resistance.



The key support level at the 70000 round number was pierced with volume, with the lowest probe reaching 69438.0, and currently consolidating weakly at 69956.1.

On the 15-minute timeframe, a long bearish candle with a bottom exploration plus a small bullish recovery has appeared, exhibiting a typical "sharp decline followed by weak counter-rally" pattern, with extremely weak counter-rally strength and bears still dominating.
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