Analysis: If key support levels remain stable, Circle's stock price may rebound to around $130 in the coming weeks Odaily Daily News: Circle (CRCL) stock price is showing signs of technical rebound after a daily drop of about 20%. Analysis suggests that if the key support level remains stable, the stock price may rebound to around $130 in the coming weeks, an increase of about 25% from the current level. From a technical perspective, CRCL forms important support at around $100.75, which is supported by the 100 day moving average and the 0.236 Fibonacci retracement level, attracting funds to buy on dips. On the institutional side, Ark Invest increased its holdings of approximately $16 million in stocks during the downturn, indicating that some funds see this pullback as an opportunity for layout. But if it falls below that support level, the stock price may drop to around $84.25. Fundamentally, the market was previously concerned that the CLARITY bill draft may restrict stablecoin related revenue mechanisms, thereby affecting Circle's growth. But Bernstein maintains its target price of $190, stating that the bill will not affect Circle's ability to generate returns through reserve assets such as short-term US bonds and deposits, nor will it affect its distribution of income to distribution partners such as Coinbase, Binance, OKX, etc. Data shows that Circle will generate approximately $2.64 billion in revenue in 2025 based on approximately $75.3 billion in USDC reserves. Analysis suggests that if industry revenue competition tightens, it may actually strengthen Circle's market position.