The price has surged dramatically, currently approaching around 72K, with a strong rebound!
This rebound is happening much faster than I expected. The price has risen from the 62K low point. It is currently testing a key resistance level. The lower boundary of the channel supports 62K, with the midline at 66K. If it can stabilize around 72K and accompanied by increased trading volume, there's a good chance it will reach closer to 75K. Otherwise, it may fall back to between 68K and 72K for continued consolidation. Whether it can hold steady now remains to be seen!
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The price has surged dramatically, currently approaching around 72K, with a strong rebound!
This rebound is happening much faster than I expected.
The price has risen from the 62K low point.
It is currently testing a key resistance level.
The lower boundary of the channel supports 62K, with the midline at 66K.
If it can stabilize around 72K and accompanied by increased trading volume,
there's a good chance it will reach closer to 75K.
Otherwise, it may fall back to between 68K and 72K for continued consolidation.
Whether it can hold steady now remains to be seen!