A week has passed in the blink of an eye, time really flies. This week currently has 19 consecutive wins, and 20 consecutive wins are on the way. A total of 16,400 points were achieved. In terms of this week's trend, last week① first tested the resistance at the previous high but did not break it and continued to weaken. After reaching 105,000, there was a strong rebound, continuing to test the resistance at 100,500, which also did not break. After another pullback, it entered a range-bound fluctuation over the weekend. During this period, there were multiple turns, and each turn was very timely, consistently aligning with the trend after the turn. Therefore, in last month's summary, I emphasized that looking too far ahead is meaningless; the trend is changing, and one cannot keep fixating on a single direction. Adjustments must be made when necessary. For example, if the resistance breaks, and the trend continues, then is it still meaningful to hold on? Wouldn't it be better to turn directly? However, many are filled with luck and lack the courage and decisiveness. It's time to reflect on the reasons for poor performance. The past is past; the focus should always be on the future market. So, how should we view next weekend...
This weekend, the range is relatively small, mainly due to the emergence of an ancient giant whale. This giant whale is too massive; if the whale sells off directly, then this market will face a strong impact, which needs to be closely monitored. From a trend structure perspective, the higher-level moving averages still point towards strength. Therefore, when observing strength, it's important to pay attention to the fundamentals. $BTC