Latest technical updates for SPX, QQQ, BTC Just update a few pictures briefly 1. SPX (Figure 1) Today basically verified yesterday's judgment. One hour before the opening, I anticipate a false drop to around 7300-7310, followed by a low opening and a high opening. The actual lowest was 7296, which was more than ten points lower than expected, but the overall script was similar. If there are end of quarter selling orders to digest next Monday, Tuesday, and beyond, I will focus on the downward trend line connected by the chart, which supports around 7290. If the trend of opening low and rising high from Tuesday to Friday still persists after stepping back again, it indicates that the underlying funds are still strong and buying interest has not disappeared. The biggest highlight next is when this downward channel will break through. I personally think it's already fast, probably around some point next week. 2. QQ (Figure 2) The 1-hour chart of QQ has already developed a relatively standard Falling Wedge. If I can still step back on the 696-700 area on Monday and Tuesday, I will be more concerned about whether this is the last test support. Once confirmed, there is a great chance to directly break through this Falling Wedge. 3. VIX VIX fell to 18.4 today, a daily decrease of 2.54%. Although the geopolitical uncertainty remained after Friday's trading session, the panic did not continue to spread. 4. Biotech (XBI Figure 3) Share another recently strong section. XBI has completed the Bull Flag breakthrough and has been rising continuously for 7 trading days. The overall situation is much stronger than the market, and there are signs of capital turning towards healthcare and biotechnology, which is worth continuing to observe. 5. BTC (Figure 4) The 1-hour chart of BTC has already broken through this downward trend line. If we can stand firm, there is a high probability that the short-term rebound will continue. I am currently looking around 62000 as my first target. Additionally, an interesting aspect is that Bullish Divergence has occurred at 1 hour, 2 hours, 3 hours, 4 hours, 6 hours, and 8 hours. This kind of simultaneous divergence over multiple periods of time is actually not common, which means that the bearish momentum is continuously declining, but the funding rate is still biased towards positive. Looking at how long this rebound can last, I estimate there will be a wide range of fluctuations between 59000-65000 for 12 months, with back and forth hitting the limit and then the last drop appearing at the bottom of the cycle. 50000-60000 is a good location for fixed investment and can be used as part of asset allocation. But the core is still dominated by AI. summary At present, my viewpoint has not changed much. SPX and QQQ are still in the downward trend, but they are getting closer and closer to the breakthrough position. If there is another low opening on Monday or Tuesday due to end of quarter selling or news coverage, and then continues to open low and rise, I will instead see it as a signal that buying is still strong.