Speculation on the Subsequent Trend of Bitcoin

From the perspective of volume and price relationship, Bitcoin's decline in wave A has already experienced panic selling yesterday, which indicates that retail investors sold off recklessly under the influence of panic emotions, while the main players bought in large quantities, achieving a significant turnover of chips; furthermore, yesterday's closing formed a hammer candlestick, providing a reversal signal.

From these signals, it is highly likely that wave A has already completed.

After panic selling, a rapid natural rebound and a second bottom test usually occur.

So I have a script for the subsequent trend:

Next, Bitcoin may quickly rebound to resistance area 1, with a rebound expected between 93,000 and 95,000; after that, a second bottom test may occur, followed by a rebound to resistance area 2, which corresponds to the yearly line.

This script is merely a speculation based on the volume and price relationship and is for reference only.