1.30 New low is just one step away 1. After a two-month rebound, the market widely expected 100k, but the cunning whales stopped abruptly at 98,000, starting a new round of decline. 2. Yesterday's drop saw trading volume begin to increase. Currently, it's just one step away from the previous low of 80,600. It's expected that breaking the previous low and hitting a new low will trigger some short covering due to long liquidations, causing a brief price rebound. No need to chase shorts here.