#LAB 1. Market trend: Yesterday, it bottomed out at 0.8075, completing the initial bounce after the sharp decline. The current price has risen above the 5-day moving average (1.0565), and short-term bearish momentum has temporarily eased.

1. Short-term strong support: 1.13-1.15 (10-day moving average). As long as this range holds, the rebound rhythm will continue;
2. Bottom support: 0.8075, the lowest point of this downtrend, is the bull-bear dividing line. If not broken, a new round of deep decline will not start;
3. First resistance: 1.54-1.58 (24-hour high), the primary hurdle for this rebound. This area has high concentration of trapped positions, and the first test will likely see a pullback to wash out weak hands!

In summary:
1. Short-term (1–2 days): Primarily a technical oversold rebound, oscillating upward to test around 1.55, a recovery move after the sharp drop.
2. Medium-term: This rebound is a short-term retracement after the market maker completed distribution, not a new rally. After rebounding to the $1.5–$2 range, it will likely fall again, entering a long-term oscillating decline. It will be difficult to replicate the previous surge.