Main reason to be bearish: A intra-day triple top with multiple failed attempts to break the resistance:
Short entry: 2222
Stop loss: 2322
This is the main which I posted 3 months ago:
Actually I see the final bottom support area if this really turns into a downtrend even lower between 1500-1550 CNY, while my older chart from 3 months ago (see above) hints at 1575 CNY (the blue line).
More importantly the price made a lower low on OKCoin and also fell below the fast double exponential moving average and is currently at 2155 (last intraday low 2120).