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①From the 1h/2h timeframe, tonight and tomorrow night should see some buildup of short-term rebound demand. On the daily (1D) timeframe, the probability that it will test MA120 and then directly break down, breaking below 1000 with a high-volume selloff, is not very high.
②With the 1200 integer level as the boundary, you can keep watching for the next 24-48 hours. If it manages to stabilize consecutively, it shouldn’t be difficult to take a quick bet on a bounce back with a range of dozens to hundreds of dollars.
③On the medium-to-long-term level, there’s still no bottoming signal. In the long-term correction, the lowest you may see is around the $500 area. The exact path later depends on the subsequent price action and an update to indicator-repair thinking.
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The above analysis does not constitute any investment advice. Profit and loss in the secondary market are your own responsibility!
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