Yesterday, it was just a few hundred dollars short of hitting our given 8-hour EMA52 line, and then a nice rebound occurred, with the price returning above $120000. It is still in high-level oscillation and consolidation.

The daily line is a bullish candlestick with upper and lower shadows, with trading volume slightly larger than the previous day. The daily MA30 line maintains an upward trend, and the MACD is entangled above the zero axis.

The rebound on the 2-day line has not ended, currently only at the 8-hour mark, with the 12-hour and daily lines still to go, so it is very likely that there will still be high-level oscillations and consolidation, and a sharp drop is not expected. It will still gradually search for support.

Next, the 12-hour EMA52 line (114400 can continue to long)

Daily level resistance at 120000-131700-150000, support at 113600-111800-105100-100500