This is a chart I analyzed and drew a while ago, showing a three-phase pullback and rebound. The first two times, the price dropped near the downtrend line. What about this time? After the first drop, it rebounded 12%, taking 10 days. After the second drop, it rebounded 10%, taking one week. After the third drop, it has rebounded 16% so far, taking 12 days. At this stage, it’s still hovering around the previous consolidation range near 93,000. The upper resistance zone is around 96,000. Currently, we’re seeing a rate-cut rebound trend with a significant rebound. While there’s opportunity, be cautious about chasing highs. Looking at the liquidation map, there’s demand for liquidation near 96,000 above, while below there’s demand for pullbacks to 90,000 and 88,000. Generally, key levels tend to be tested repeatedly before breaking through, and key levels are also opportunity zones. OKX