From the four-hour timeframe, the market shows a oscillating downward trend after touching the upper Bollinger Band.

Although the short-term bulls have slightly regained strength, the rebound momentum is weak, making it insignificant compared to the dominant bearish downward trend.

You can short around the 104,000 level, with a target of 102,500, and a break below that could see a move down to 100,000!