The lowest drop this time was $102600, which did not fall below the previous low of $100400. This is a good idea, indicating that the market is more rational and has strong bottom support. This time, it can stabilize above $102000, and there is a high probability of subsequent fluctuations and upward movements. At present, the daily chart is fluctuating narrowly, with a continued trend of rebounding and closing positive. At the same time, SOl is relatively strong, and there is suspicion of an early recovery. The interest rate cut in July is already dragging on, and even if there is no interest rate cut this month, it has been accepted by the market.