**One-sentence summary of current short-term market conditions:** At a balance point between bulls and bears; without effective breakout, downtrend will continue.
**Indicators:** 1D MACD death cross below 0-axis causes selling pressure; 1D RSI death cross with retest failing to break through.
**Elliott Wave:** Currently in a rebound movement against the 76-673 downtrend segment.
**Fibonacci:** Rebound precisely encountering resistance at the 0.5 level of the overall downtrend segment.
**One-sentence summary of current short-term market conditions:** At a balance point between bulls and bears; without effective breakout, downtrend will continue.
**Indicators:** 1D MACD death cross below 0-axis causes selling pressure; 1D RSI death cross with retest failing to break through.
**Elliott Wave:** Currently in a rebound movement against the 76-673 downtrend segment.
**Fibonacci:** Rebound precisely encountering resistance at the 0.5 level of the overall downtrend segment.