Review of this week's market trend, Bitcoin initially continued the upward surge from last week before adjusting; the market experienced a certain retracement, with the lowest dip around 73,800 to halt the decline. Subsequently, the price saw a phased volume-driven rally, supported by favorable policy influences during the week, reaching a high of 79,500 before facing resistance and pulling back. In the oscillation range at the end of the week, the correction never broke below the 77,000 level, but the high points have shifted downward. Currently, the highest rebound is around 78,500, facing pressure. As for Ethereum, its movement was basically consistent with Bitcoin, initially reclaiming 2,420 before facing resistance and pulling back. The subsequent correction was relatively larger, with the current trading range between 2,330 and 2,300, showing no further breakdown signals. Last week’s summary also reminded everyone to wait for retracement opportunities and attempt medium- to long-term buy-ups, and during mid- and late-week, we provided real-time strategies. This week’s record remains undefeated, with Bitcoin capturing a total profit of 12,900 points, and Ethereum capturing 440 points.

The daily chart structure remains predominantly bearish, with the pattern still in a rebound phase during a downtrend. The area between 80,000 and 83,000 is a previous dense trading zone and moving average resistance zone, forming a strong supply area. The rebound to this zone shows small-bodied candles and increased shadow lines, indicating hesitation and a weakening bullish momentum, with selling pressure beginning to emerge. On the 4-hour level, after a V-shaped rebound, the price entered a rectangle consolidation between 77,000 and 78,200, with bulls and bears temporarily balanced. Multiple small-bodied candles are arranged horizontally, lacking the strength for a directional breakout. The 1-hour level is more converged, forming a symmetrical triangle with a descending high and ascending low, with the price reaching the end of the pattern. The candles are highly compressed, indicating market quiet before a storm, and a trend reversal is imminent. Currently, the larger structure is bearish, the medium structure is resting, and the small structure is waiting for a trigger. Focus on whether the price can break through 78,200 with volume, or whether the lower boundary of the triangle at 77,700 and the lower edge of the 77,000 box can hold. A breakout upward requires caution against false breakouts in the daily strong resistance zone; a breakdown downward could open a new round of correction. Both bulls and bears have opportunities at this node, but the upward pressure is stronger. It is recommended to maintain a high-altitude short position for now.

Bitcoin can be shorted in the 78,000–78,500 range, targeting around 77,000. Ethereum can be shorted near 2,350, watching support at 2,300, with a stop-loss at 2,380. #加密市场行情震荡 $BTC $ETH