Current market structure and key observation points: the bullish logic of a triple bottom and trend line breakout. Currently forming a triple bottom structure in a key support area and successfully breaking through the descending trend line, confirming the short-term bullish trend. Historical price movements show that similar patterns, such as 📉 breaking the trend line and then quickly recovering, are often accompanied by strong rebounds. Therefore, currently standing above the trend line still possesses further upward momentum.

The position of 95577 indicates that the 0.236 retracement level has verified its resistance effect. If this level is subsequently broken, it may further challenge the liquidity dense areas above 100K, such as 102K or 103K. The 850 and 84800 range is currently the most important trend line support, with unexecuted buy orders accumulating at 815 and 830 below, making this support more significant. If there is a quick rebound after a pullback, it may confirm a new upward trend 📈. Previously, there was a rapid rise from 760 to above 950, forming a tight trading range, leading to a large number of liquidations. The current high-level consolidation may form a holding pattern, and if the support band of 880 and 9000 is broken, it may trigger further retracement.

Two scenarios are anticipated: 📈 If there is a pullback followed by a continuation to new highs, the key condition is a pullback near 850 and stabilization, forming a pullback-rebound-pullback bottoming structure. Breaking 95577 may lead to a surge towards 102K and 103K to capture liquidity above. If it rebounds to above 100K but fails to hold, it may form a triple top structure, followed by a turn to 📉. In the 📉 scenario, breaking the trend line accelerates the decline, with the key condition being a 📉 break of the 850 support that cannot quickly recover, leading to the failure of the trend line. It may then test the liquidity areas of 815 and 830, or even further test the previous low of 760.