As mentioned before #美联储恢复降息进程 , this position will form a 4-hour to daily chart oscillation range - simply put, it means first a fall, then a rise, and then continuing to fall. The current trend is being verified: the price has already retraced to near the previous low, and the next key point is how far this rebound can go.

Two possibilities: either break through the left high point of 93000 and then fall back again, or if it can't even go above 93000, it will just turn around directly. Just focus on the Rebound strength.

In terms of operations, if you have long positions, you can hold on to them for now, but be aware that the stop-loss space is a bit large. Those who want to short shouldn't rush; wait for a proper rebound before deciding. The overall direction hasn't changed; this is just a consolidation platform within a larger downtrend.