Broke the level again, testing around $108,000. Currently sitting below MA120, and once it breaks, the impact on sentiment could be significant! From late August to mid-September, before the official rate cut, these two to three weeks are usually a consolidation period. Once the rate cut cycle begins, this round of adjustment will be complete—maybe it won’t even take that long. Right now, the market urgently needs a wick to confirm the bottom. Once there’s a deep wick followed by some consolidation, that should basically be it!