I want to share my analysis, and I'm hoping someone could share some more ideas about this chart below, and maybe there's something that I didn't notice in my analysis. Hoping some pro traders and positional traders out there could share some pro tricks.

So far this is my analysis below with a daily timeframe:



Scenario #1:
Possible bounce at around $112k on August 20, 2025, and it might be just a retracement and going to retake to hit $125k.
Reason: Stochastic oversold signal.

Scenario #2: Possible breakout, and it might go down more below $106k-$108k, and it might bounce near the anchored VWAP.
Reason: RSI is not oversold yet, and there is no divergence signal yet.

Take note: This is not a financial advice; don't use this analysis to risk your capital. This is my own analysis; you can correct me if I am wrong.