
The pullback level fully aligned with expectations set on September 21, and the rebound also unfolded as anticipated. Although the timing was about 5 days later than expected, this is not a significant concern. If 2400 holds and triggers a rebound, the next target is around 2720. A direct breakout above 2720 is unlikely; instead, a consolidation range between 2400 and 2720 for one or more months is highly probable. A confirmed breakout above 2880 on the 4H chart would signal a true breakout, potentially targeting 4000 (though this is expected over a longer cycle, not immediately). In the case of a false breakdown, the lowest possible level is around 2150. For the price action of other altcoins, use ETH as a reference.

