Yesterday's wave of market pull was strong enough that the 4-hour K-line significantly deviated from today's standard line of $89,923. Therefore, it's not very suitable to chase long positions from here today, and now the price has reached the expected price line of the 4th level. It will be challenging to continue pushing strongly this evening. However, as long as it does not fall below the lower limit of $89,923, there will still be opportunities to follow the trend tomorrow.

The daily K-line is still below the bearish trend line but is very close to the trend line at $93,958. This is a point worth paying attention to because the formal breakthrough of this resistance level (which was at $116,400 at the time) failed on October 27, leading to a consecutive downward trend.

In other words, as long as the daily K-line can close above this price in the future, the indicator will change from red to green (bullish trend line), and we can expect a rebound in the daily level. The expected prices above the current rebound are $95,604 and $99,108 for reference.