The main signal over the last two weeks is that the rebound attempt lost momentum in the 66-69 zone and price rotated back into the 64-65 area. On the daily chart, the sharp, high-volume drop on May 12 was followed by much lighter volume on May 13, with price stabilizing between 64.55 and 64.75; this looks more like a pause and absorption than fresh aggressive selling. The order book shows a clear bid wall at 64.50 with 103k lots, which provides visible downside defense, while the offer side from 64.55 to 65.00 remains active and caps any rebound. Intraday, the session starts quiet and turns mildly higher later, but the move has low velocity and narrow range, so momentum is still weak. The late-session slide on May 12 from 65.15 to 64.55 changed the short-term tone downward, and today’s bounce does not yet reverse that damage. Weekly and monthly structure place price in the middle-lower part of the 63.05-68.9 range, which is more consistent with a compression regime than a strong trend. The news flow is dominated by KAP financial and activity reports, but there is no clear one-way shock catalyst in the price action. The key anomaly is the clash between heavy lower-level demand and persistent overhead supply, leaving the market in balance-seeking mode around 64.5-65.0.