Crash 600 Index (1H)Bears Dominate as Price Tests Major SupportOn average 1 drop occurs in the price series every 600 ticksDERIV:CRASH_600_INDEXSir_Stylez_Crash 600 Index remains firmly in a short-term downtrend, with sellers maintaining control after rejecting every recovery attempt. The chart shows a clear sequence of Lower Highs (LH) and Lower Lows (LL), confirming that bearish momentum remains intact. Technical Analysis After reaching a swing high around 24,300, the market failed to sustain bullish momentum and began a steady decline. Each rally has been capped below the previous high, while successive support levels have been broken, reinforcing the bearish trend. The latest impulsive move has driven price into the 23,000–23,100 support zone. Although buyers have managed to produce a small bounce from this area, price is still trading beneath the most recent lower high around 23,200, meaning the market structure has not yet shifted. At present, the rebound appears to be a corrective pullback rather than the start of a bullish reversal.