The monthly and weekly structure still reflects a two-step distribution and a downtrend from the late-February peak, with price sliding from the 83–90 area into the 72–73 area without restoring momentum. Volume stayed elevated over the past weeks, but closes weakened, showing that selling pressure dominates speed and that rebound attempts fail to attract durable demand. Today’s turnover is lower, yet price holding around 72.75 suggests a balance zone rather than a decisive recovery. The order book is the main anomaly: bid depth is very large, but that support has not translated into upward follow-through, while the nearby offer side remains comparatively thin and forms the next hurdle. Yesterday’s intraday pattern showed a late-session fade, with selling acceleration into the close and no strong rebound, which confirms seller control in the short run. The news flow is neutral and does not provide a shock catalyst, so the dominant signal is technical weakness plus order-flow mismatch rather than headline risk. In other words, there is absorption on the bid, but no confirmation through price expansion. The overall read is a compressed market under pressure, with the primary trend still fragile and unresolved to the upside.