Although recent short-term K-line rebounds have boosted market optimism, the underlying price structure has not changed significantly. When prices reach resistance levels, they face strong selling pressure, resulting in a five-wave downward trend, which suggests that bullish momentum has weakened considerably.

This discrepancy between price movements and technical indicators indicates a lack of sufficient buying interest to drive further gains, meaning the market remains in a downward trend. According to Monitored by Woofun AI, such patterns of slowing momentum despite slight price increases often signal an increasing risk of short-term reversals.

The fact that prices have failed to reach new highs is a clear indication that the market structure remains unchanged, and traders who blindly chase rising prices are at high risk of losing money due to these false signals.