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Looking at Bitcoin from a weekly chart perspective, the market trend becomes particularly clear. Currently, this wave is basically a rebound within a downtrend continuation. If the momentum were stronger, the rebound could reach around 105,000, but this looks more like a false breakout—an early sign of a pullback. Only then will it enter a true accelerated downtrend. To put it simply, the upward potential is limited, while there is no bottom on the downside.
For traders seeking a more conservative approach, paying attention to the around 93,000 level is advisable. Entering a short position at the current price with 5x leverage is a good strategy. Market sentiment and capital flow details will influence the subsequent direction, but from a weekly perspective, the upward space is indeed constrained.