Image 1 shows the projected trend chart for CRCL drawn on April 30, and Image 2 shows the current structure. Turns out, the market is moving much slower than we initially thought. So, what’s the outlook for CRCL now? How should we approach it? Let’s chat briefly about it today: As shown in Image 3, the drop from 140 to 57.84 is a daily-level decline. As long as CRC can stay above 70, we can assume that the movement starting from 57.84 is at least a daily-level rebound. This rebound is targeting the decline from 140 to 57.84, and its endpoint should be at least above 80. Drawing a Gann angle line from the high of 140 to the low of 57.84, we can see that the 89 level is a key resistance. If the price can break through and stabilize above this level, the nature of the movement starting from 57.84 might change. I’ve already built part of my position in CRCL during the decline, though the entry points weren’t ideal. I just started seeing some floating profits this week. As the rebound approaches resistance levels, I’ll decide whether to hold or reduce my position depending on the situation. For short-term traders, keep an eye on it—if it doesn’t break below 70, I think there’s still an opportunity to go long in the short term.