Hourly Level:

Expanding on yesterday's hourly level thoughts

After breaking through the top of the hourly level arc

The first segment of equal distance decline has completed from the neckline position 95700 to 91500

The overall decline yesterday has completed the first segment of equal distance rise

After the price retraced to around 90800, it formed a severe oversold condition

And quickly rebounded, forming a rapid and vigorous upward phase

And at the bottom, a standard arc bottom was formed, breaking through the neckline position 95700

It is noteworthy that immediately after the arc top broke, an arc bottom appeared and broke

This kind of market is unusual and rare, and the main force's control over the market is increasing

After the arc bottom breaks, the first thing to look for is the equal distance rise target from the arc bottom to the neckline

Price: around 95700-100750. The current price is once again aiming for $100,000

And the next breakthrough will be even more vigorous and faster than the last

Personally, I believe the current market is in a stage of upward continuation, and the current price is 96300.