Looking at the recent BTC trend, a clear phenomenon is that the main contract funds on the exchange are not abundant. The price is oscillating within a certain range repeatedly, showing no signs of large-scale capital pushing. From the weekly K-line, technical indicators have already flattened, which may indicate that the downtrend is searching for support.

Interestingly, the behavior of the main players appears somewhat "conservative"—the action of defending the market is indeed present, but a significant rally has yet to occur. Based on the positions of market support and distribution, it seems that the main players are currently in a state of "lighting the fire but not drawing the gun." This rhythm often indicates that there may be significant changes later, but the specific direction still requires further observation.

It should be noted that this is based on short-term technical analysis, with an effective cycle possibly only lasting a few hours to a few days. Market risks always exist and do not constitute any investment advice.