GIGGLE recently formed a double bottom pattern at a key support level, which usually indicates a potential rebound opportunity. However, from the market performance, the upward momentum is clearly insufficient, and the rebound strength is limited. As long as the price remains below $70, the bearish pressure still exists. It is difficult to determine whether a new upward trend can be initiated until this psychological level is broken. The next key point is whether the market can find effective support at $70 and stabilize, otherwise the risk of further decline should not be underestimated. How the subsequent trend develops, let's keep an eye on market changes.