Time moves on, and this week’s market situation is nearing its end. Looking back at this week’s overall trend for BTC, the pace has clearly slowed compared with the earlier stage; the full-week price range was only just over 4,000 points. First, in the beginning of the week, it pulled back and broke below the 65,000 level; then it entered a consolidation and repair phase, rebounding and reaching a highest touch around 69,300. After that, it came under pressure and saw another round of waterfall-like decline. Afterwards, following further correction, it maintained a range-bound oscillation pattern around 66,500. Because this week’s overall market situation had limited volatility and weaker trend continuation, the team released relatively fewer public strategies, so the team’s efforts mainly focused on conducting detailed, fine-grained operations. However, overall trading performance remained stable; although there were some quick exits, the core key market moves were all precisely captured, and the overall returns were still quite solid.

From the weekly chart structure, BTC still maintains a stepped-down trend. Recently, although the bears have staged a partial rebound, both the rebound strength and its follow-through are rather weak, making it difficult to reverse the overall downtrend structure. From a daily chart perspective, after BTC tested the 76,000 level and faced resistance before pulling back, the market has gradually probed lower with a wave-like structure, and the lows have continuously moved down. Recently, influenced by various news and data, the downward pace has slowed somewhat, but the price is still under pressure from the moving averages; the ongoing tug-of-war continues, and in the short term it is still led by the bears. Looking at the four-hour level, the Bollinger Bands are closing in with parallel divergence; the market maintains sideways consolidation, with routine adjustments over the weekend. Sentiment in the market is relatively subdued, and the volume between the bulls and bears is relatively balanced. It is expected that on Monday evening the market may see a breakout opportunity; afterward, the outlook remains favorable for the bears to build momentum and then break below further.$BTC #稳定币争议升温