This week's overall Bitcoin trend was initially a rally followed by a shift to sideways weakness, gradually raising the center of gravity from around 73,600, repeatedly testing support near 75,000, then increasing volume to break through the consolidation range, once surging to around 79,400. However, there was a clear lack of strong support at high levels, and the upward momentum lacked continuation, quickly turning into a decline after the surge. Multiple attempts to rebound above 78,000 in the middle section failed to stabilize, instead forming a series of lower highs, with the lowest retracement around 77,000. The latter half of the week mainly oscillated within the 77,500-78,500 range, showing a weak consolidation pattern after the surge. Ethereum followed a similar rhythm, starting its upward move near 2,250, reaching a high of around 2,420 before facing resistance and falling back, with multiple rebounds blocked between 2,350-2,380, and lows retracing to around 2,300. Overall, it also exhibited a pattern of weakening after a high-level rally.



This week's actual trading strategy consistently focused on shorting at high levels, avoiding blindly chasing longs after the previous rally, instead patiently waiting for signs of weakening after the surge, gradually establishing short positions, and optimizing the overall position structure through repeated oscillations. Although there were some rebounds and disturbances along the way, they did not change the overall judgment but instead provided better rhythm for profit-taking. Ethereum also continued its high-short logic, turning downward after resistance to rebounds, maintaining strong consistency in execution. Overall this week, Bitcoin gained a total of 12,195 points in space, while Ethereum gained 459 points. The market never rewards emotional trading, only those with patience and execution. Those who succeed are rarely those who look the furthest ahead, but those who can steadily take each step now.

From this week and the current market situation, Bitcoin's daily chart shows a tentative top signal at around 79,400, with consecutive upper shadows and a fall after surging, indicating significant concentrated selling pressure in this area, which also corresponds to the upper boundary of the previous dense trading zone, a typical pressure resonance point. After failing to break higher, the price fell back below 78,000, meaning the breakout was unsuccessful, turning into a "false breakout + return to range" structure. Currently, the daily trading center has shifted from upward to flat or slightly downward, with around 77,000 becoming the short-term battleground between bulls and bears. If it breaks below this level effectively, the structure will extend further downward. On the 4-hour chart, the structure has shifted from a previous oscillating upward trend to a oscillating downward channel, with highs gradually lowering from 79,400 to around 78,500, with each rebound high lower than the previous one, and lows repeatedly testing around 77,000. Although there has been no significant breakdown, support strength is weakening. The overall rhythm is "weak rebound + slow downward pressure," not a sharp drop, but a clear bearish trend is gradually forming. Additionally, multiple rebounds have failed to re-establish above 78,000, indicating this level has shifted from support to resistance, completing the support-to-resistance transition structurally. On the weekly chart, this week shows a pattern of surging and falling back, with a prominent upper shadow, and the body failing to stabilize in the high zone, often indicating the exhaustion of upward momentum and a higher likelihood of entering a correction phase rather than continuing a strong rally. Ethereum's structure is largely synchronized with Bitcoin, with the daily chart showing weakness after resistance at 2,420, unable to regain stability above 2,380, indicating significant selling pressure overhead; the 4-hour chart shows successive lower highs and gradually compressed rebound space, with around 2,300 becoming the key support zone.

In summary, both Bitcoin and Ethereum are in a correction phase after reaching high levels, with the trend not accelerating downward but the structure remaining bearish. Until they can re-establish above key resistance zones, the market is unlikely to turn strong again. The more probable scenario is continued oscillation to digest the positions and gradual downward testing of support, so the overall direction remains clearly bearish, with short-term rebounds mainly followed by declines.
BTC1,17%
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