Jack Yi, founder of cryptocurrency investment firm LD Capital, analyzed via X, "The current market is in a correctional phase within a daily uptrend channel, and it's not yet at a stage to be considered a trend reversal. However, the fake breakout that appeared in the short term is a typical bull trap." He added, "The key correction price level is $82,000. If this price level is defended, the correction could end and the uptrend could resume, but if it fails to hold, a larger correction could occur. Rather than chasing the last profit, one should be patient until new opportunities are confirmed."
