The large pancake shows a triangular pattern on the 4-hour level, and a change in trend is imminent. Special attention should be paid to the key point of 93000, which must not be lost; once it falls below, it will inevitably face the previous low of December 20. If this previous low is also breached, the price is very likely to approach around 90000.
That said, even if it drops to this level, the subsequent downward space is already quite limited. For spot players, it may be a good time to enter the market in batches to pick the bottom; as for leveraged players, it is still advisable to hold back and observe a bit longer. The weekly and monthly lines will conclude synchronously the day after tomorrow, and considering multiple factors, the market trend in the first quarter is quite worth looking forward to!
