BTC has a relatively complete path here. There is a high probability that there will be a small-level rebound. As for where the rebound will go or whether it will reverse, we have to wait and see, just like the order I made.

#TechnicalAnalysis

The big cake has a 535 sawtooth adjustment here. If the level is 52500→66500, it has now retreated to Fibonacci 0.5 and 0.786 of the Fibonacci expansion of this wave of decline.

If there is another wave of killing, the final small-level support is in the red box (57777). If it breaks here, it means that the level has expanded, not the retracement of 52500→66500.

In the first case, if it rebounds here, the situation will be more optimistic for the bulls, and the operation will be more tolerant; in the second case, it will continue to fall to around 57500. This position will be very awkward to operate. Both the rebound and the continued killing may be large, and the psychological pressure will be greater in the operation. The logic is as shown in the figure below.