The weekly level currently shows a bullish retest signal, which may have bottomed out and is preparing for a new round of increase.
Current status: The daily price is maintaining a neutral oscillation in the short term, but the 4-hour is leaning bearish, still in a bearish structure. If it breaks the trendline resistance, bulls may quickly return.
Key support levels in order: $10.80, $10.50, $9.80, $8.80.
Bottom prediction: The $10.00-$9.80 area may become a key short-term bottom.
Short-term warning: Price fluctuations are severe in the short term, but bulls are expected to regain control.
Cycle outlook: If the weekly closes positively, it may confirm the restart of upward momentum.
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