The 4-hour K-line has been suppressed by the standard line for four consecutive candlesticks. If it fails to recover and re-examine $112,768, the short-term outlook remains bearish.
According to the algorithm, the most likely targets below are: 1. $109,861 2. $108,405. This is based on the retracement range calculated from the falling K-line at 12:00 PM on October 14th. This indicates that the retracement has not yet reached its peak unless external factors change it.