From the latest hourly chart performance, the price continues to fluctuate and fall below the support level of 108300, indicating that the overall market situation may be shifting from the previous upward trend to a fluctuating downward mode. Technical pattern analysis shows that the top formation and flat top pattern indicate significant resistance above, while the recently appeared full-bodied candlestick and belt-hold line further confirm that selling pressure is increasing. Currently, the key support position below is around 106400, and investors need to closely monitor the strength performance of this support.

Short-term observation suggests that the price trend may continue to test the 106400 support area. If this support holds effectively, the market may show signs of temporary recovery; conversely, if it breaks below this support, the downside risk will significantly increase.

Comprehensive Technical Indicator Analysis:
- Morphological characteristics: The top-differentiation and flat top form strong resistance, while the clean head and clean foot line releases a selling pressure signal, and the flat bottom provides certain support.
- Trend Judgment: The price is fluctuating near the 1/2 angle line, and the overall trend is shifting from a previous rise to a consolidation and fall.
- Key price levels: The support area is concentrated around 106400, while the resistance is mainly distributed around 108300 and the previous high point near 110653.6.

The market may oscillate and consolidate between these key price levels, forming a new direction of movement. Investors should pay attention to the breakout or rebound at these price levels to assess the potential development trend of the market.