The trend line below has ultimately been touched, with the current low falling to around 112000. This is both a previous resistance high point and a key position on the upward trend line. Here, the market will gain bottom support, but whether it can hold will require close observation.

At the same time, one can refer to the previous drop near 100000, where it fell from a high of 112000 to around 98000, oscillating downwards for a month before hitting the bottom, with a drop of 13%. It remains to be seen whether this round will touch the previous high and make another dip.

For future operations, it is recommended to use a small position for spot trading, either in batches or waiting for the best opportunity. Perhaps a false drop might form the best entry point, so let’s wait and see.