After the price just touched the lower channel support of the speed resistance line at 60K, it saw a nice rebound, once again proving the hit rate and accuracy of the speed resistance line indicator in trending markets. Recently, after studying multiple cycle linear indicators and chart structures, I came to the conclusion that the mid-term price will rebound to around 113K, even though this goes against the majority opinion. As the year comes to an end, wishing everyone a Happy Lunar New Year [Good fortune is coming]