Since Friday, the overall trend has started to lean towards a correction, with a low around 94000, followed by a rebound to around 98500, generally fluctuating back and forth within this range.
Last night, the price rebounded but encountered resistance, and in the early morning, it once again fell below the key point of 95000, indicating the possibility of new lows in the future.
Currently, the focus is on which moving average will act as resistance during future rebounds; in terms of operations, it’s best to follow the trend.
The large rebound is expected to reach around 97800-98500, with the initial target set at 94500.
Maintain your demeanor!
