The two-bear trend is clear, with the bearish logic unchanged. The strong resistance at 2089 effectively suppresses the price from rising. The rebound remains weak, and trading volume cannot keep up. The bulls' offensive has completely failed.

The market shows a typical bearish accumulation pattern. The sideways movement is not a sign of stabilization but is instead building energy for a breakdown. Once the support zone is broken, the space will open up directly. Continue to short on rebounds.

Trading suggestion: Short around 2010-2040, target 1950-1910, break below 1880.