The monthly chart forms a triple top prototype, and the price has broken through the key mid-track, with multiple indicators resonating to indicate a bearish outlook.
Although the weekly chart closed with a small upward movement, the long upper shadow reveals heavy selling pressure, and the bearish view remains unchanged, firmly expecting a drop to 80,000.
The daily and 4-hour levels have fully turned bearish, and the operation should hold short positions and wait for a decline.
Those who have not entered the market should patiently wait for a rebound opportunity, but it is likely that the high position in the 90,000s will be difficult to reappear.
