SPORTFUN's current trend has clearly shifted to a bearish dominance, with the market showing continuous volume-driven declines. From a volume perspective, this is not ordinary profit-taking but a clear indication of concentrated closing of large positions or institutional-level active distribution.

**Market details are crucial**: Buyers have already lost the ability to absorb selling pressure. Observe the 0.0980 level — it acts like a ceiling, and each rebound to this point fails to stabilize. There is even a lack of effective support below, indicating strong bearish control.

**Trading logic is as follows**:
- Short entry zone: 0.0920-0.0940
- Rigid stop-loss set at 0.0980 (a break above here could signal a potential reversal)
- First target: 0.0850
- Second target: 0.0780

**Key point**: As long as the price cannot quickly break through and stabilize above 0.0980, the downward momentum will continue to be released. What does volume expansion during decline usually imply? Concentrated closing of long positions. Once it starts, it can easily trigger a stampede effect. At this stage, bears have a clear rhythm advantage.