PEOPLE recently formed a quite standard round bottom pattern. After oscillating in the bottom area, the price successfully broke upward — this is a typical buy signal. From a technical perspective, multiple tests at the bottom and gradually narrowing volatility laid the foundation for this breakout. Once an effective breakout is confirmed, the space opens up and market bullish sentiment clearly warms up. From the current position upward, 0.012 is a relatively reasonable short-term target. Of course, after such a pattern breakout, attention should still be paid to the volume support; if the volume cannot keep up, it might be a false breakout. However, from the current trend, the bulls are indeed gaining strength.