Current market analysis indicates a predominantly bearish trend across multiple timeframes, with potential for a short-term relief rally. On the 4-hour chart, the trend remains in a 'SHORT only' position, but an 'Echo' signal suggests a 70% chance of an upward movement, with a median increase of 2.15%. This indicates a possible relief bounce, although it is not expected to reverse the overall downtrend. The 1-day chart also shows a 'SHORT only' trend, with a significant downward bias, as 66.7% of movements are down, with a median decrease of 4.22%. The market remains bearish until it can reclaim the resistance zone between 0.10 and 0.11. Traders are advised to wait for confirmation before making decisions, as the market is still under the influence of a broader downtrend.