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There are signs of a rebound in the small timeframe, and the daily candlestick closed above the green line.
The green line is the lower edge of the structure, and it has not fallen out of the structure at present.
The minor resistance levels are 89500 and 91400 (important).
Once 91400 is broken through, we can confirm seeing above 100K.
I see this wave between 101-105k. Because the yellow trend line above is too neat and there have been no false breakouts, the possibility of a direct drop to the target is unlikely here.
Here I see wave B rebounding to 101-105k, and then wave C targeting 80+, even 78.
However, it is still important to note that a direct collapse here is possible, or a rebound as expected but no further decline is also possible. Technical speculation is just a speculative based on, and cannot predict what specific black swan or good news will happen. So it is still necessary to react according to the specific situation and do a good job in risk control of positions.