The double bottom oscillates and recovers but with a downward shift in the center of gravity, indicating a consolidation phase for the bears. The price repeatedly tests support levels, struggling to stabilize, and is repeatedly pressured by moving averages, with volume continuing to diverge. Technical indicators are fully bearish, the pattern has broken down effectively, and there is no basis for a reversal. In terms of trading, maintain a high short position, and look for opportunities to enter on rebounds.

🚨 Crude Oil Above $110: Is This the Start of a New Energy Supercycle? A Trader’s Perspective
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The global energy market has once again captured the attention of traders and investors worldwide. In a dramatic overnight rally, crude oil prices surged sharply, pushing WTI above $110 and Brent crude beyond $110, levels that immediately reignited discussions about supply shocks, geopolitical tensions, and the possibility of a longer-term energy bull market.
For many traders, this move was not just another headline—it was a moment that highlighted how quickl