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The weekend rebound was weak with no stop to the decline. The weekly downtrend remains unchanged, with weekly support at 43K-54K;
The daily level broke through 74K to capture upside liquidity, then declined the same as the rise to 80K and subsequent fall from 97K. Currently the daily 0-axis is near death cross, be cautious with long positions;
4-hour RSI is oversold with rebound demand, but each rebound is an opportunity for longs to escape and for shorts to add positions;
If the upper rebound doesn't exceed 71K, it will continue to decline. Focus on 66K and 62.5K support below; previous 75688 short positions can continue to hold, targeting a break below 60K