BTC Weekly Chart:

1. After BTC broke through the high from 21 years ago last year, it underwent about six months of adjustment, and then it surged all the way up to nearly 110,000.

2. From the weekly chart, we can see that the adjustment to 74,500 is exactly the middle position of a wave's 0.5 and 0.618, and it is also near the previous high's resistance level.

3. A direct rise near the resistance level completed the conversion of resistance to support, and we expect bullish momentum going forward.

In summary, based on the weekly chart analysis, the overall trend remains predominantly bullish. Friends holding spot positions should not worry at all; no matter how much it fluctuates, you just stay put and wait to cash out at a high position.