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This week, BTC's weekly chart closed fairly well, with the current price back around 76k, and the highest reaching 78.3k during the week, indicating that after a significant pullback earlier, the market has indeed experienced a decent recovery.
But if we only look at the structure and speak without emotion, we can't directly define this as the start of a new major upward trend yet; it more resembles a continuation of a weekly-level rebound, testing a key resistance.