Market Review and Current Trends
100,000 breakdown verification: Last week's viewpoint was validated, the price rebounded after breaking below 100,000, but the bottom did not show strong volume, indicating weakened demand below, and the overall trend remains bearish.
- Rebound expectations and limitations: After breaking 100,000, there may be a short-term rebound, but if the rebound strength is insufficient (e.g., not reaching 104,000-105,000), it may continue to decline.
Key support and target levels
Short-term rebound resistance: reference Fibonacci 0.5-0.618 retracement levels, resi
View Original100,000 breakdown verification: Last week's viewpoint was validated, the price rebounded after breaking below 100,000, but the bottom did not show strong volume, indicating weakened demand below, and the overall trend remains bearish.
- Rebound expectations and limitations: After breaking 100,000, there may be a short-term rebound, but if the rebound strength is insufficient (e.g., not reaching 104,000-105,000), it may continue to decline.
Key support and target levels
Short-term rebound resistance: reference Fibonacci 0.5-0.618 retracement levels, resi
