Weekend rebound is weak, currently no bottom has formed, weekly downtrend remains unchanged, weekly support level at 43K-54K;


Daily level broke 74K to capture upper liquidity then declined, consistent with the rise to 97K from 80K then decline, currently daily 0-axis near death cross, cautious on longs;
4-hour RSI is oversold with rebound demand, but each rebound is an opportunity for longs to exit and shorts to add positions;
If upper rebound fails to break 71K, will continue declining, watch support levels at 66K and 62.5K below; early 75688 short positions can continue to hold, targeting break of 60K
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