After the low point on February 6th,

The range-bound movement formed by three waves of rise and fall (as shown in three different colors) is very clear.
The four-hour chart shows a flag pattern consolidation after a decline.
The daily downtrend is still in place.
In the short term, only high short and low long within the range.
Trading above the range equilibrium price (bold black line) carries high risk for long positions, and trading below it carries high risk for short positions.
If you want to bet on a breakout, wait for the price to go to the lower edge and go long to hold a quality position.
If you want to follow the trend, take medium-term shorts at the upper edge of the flag pattern and wait for a breakdown!

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