This week’s market is about to conclude, overall presenting a corrective trend. At the beginning of the week, Bitcoin's price oscillated downward from the high of 110,000, reaching a low of 103,000, with a cumulative pullback exceeding 7,000 points. It is noteworthy that this decline is not a unilateral drop, but rather unfolds in a stair-step pattern of 'advance three, retreat two'—each deep dive is accompanied by a technical rebound, gradually declining while repeatedly testing the support level. As predicted in last week’s strategy summary, the market has entered a phase of consolidation and correction this week. Affected by high base fluctuations, the intensity of the pullback has significantly increased, but we have always aimed to accurately interpret the signals from the market: clearly stating that once the key support level is lost, the price will further test the previous low point of 102,000. Yesterday, Bitcoin strongly rebounded after touching 103,032, releasing an important signal that the pullback is nearing its end. Market rules indicate that the true bottom often builds up in advance before touching historical lows, especially in the current high-volatility environment, where thousand-point-level price fluctuations have become the norm. Looking ahead, as the phase of bottom building is completed, the market is expected to regain upward momentum to challenge new highs. This week, our actual market layout has yielded a total of 15,829 points profit for Bitcoin, and a total of 720 points profit for Ethereum.

This week’s market is about to conclude, coinciding with the monthly K-line closing point. From the monthly level trend, two consecutive solid bullish candles have strongly advanced, and last month Bitcoin successfully broke through its historical high, showcasing a remarkable moment. Its monthly line pattern has gradually shifted from a stair-step rise to a volatile upward pattern, constantly refreshing highs at a rhythm of 'advance two, retreat one'. It is noteworthy that last month’s K-line closed with a long upper shadow, and combined with the current pullback trend, this technical signal may indicate that a short-term adjustment has been reached. With sufficient release of the pullback space, this month is expected to continue the upward trend, and only after completing a new round of highs will a phase adjustment be welcomed. From the weekly perspective, the market trend closely aligns with last week’s strategy analysis. After experiencing last week’s breakout, this week has entered a phase of consolidation and correction. Although the overall weekly line still maintains a bullish stair-step pattern, one must be cautious of the pullback after last week’s new high and the deepening correction this week. The current market's key support level is at the previous low point of 102,000; the gain or loss of this point will become a watershed for the continuation of this bull market: if it effectively breaks down, the market may start a deep correction, and the bull market process will face significant tests; conversely, if it can hold successfully, the upward trend is expected to continue. It is recommended to closely monitor the long and short battle situation at the support level of 102,000 next week. After building the bottom, new highs can still be anticipated.

For Bitcoin, long-term positions near 102,000 are being laid out, targeting 115,000.