Short-term: $BTC rebound. Mid-term: downtrend. Long-term: uptrend. A lot of people are asking why there was a sudden rebound today? The answer is: because the World Cup is over, and some funds have flowed back into risk assets, leading to the rebound. This rebound is expected to reach the 67,200~69,500 range. After that, it’s likely to drop to new lows, heading straight for the 49,500 to 55,000 range. If a black swan event occurs, it might even hit around 42,000. Then, in Q4, it’ll start forming a bottom, followed by a long-term uptrend kicking off next year!