This week has entered Thursday, and the market rhythm is already very clear, with a correction becoming the main theme. After a continuous decline, there is only one trading day left on Friday, and it is basically unrealistic for the weekly candlestick to close with a strong bullish line; more likely, it will be a consolidation and correction. From a structural perspective, there was indeed a resonance rally below the 4-hour level yesterday, but such rebounds are more about technical repairs in a weak environment, which in turn accumulated greater bearish momentum, ultimately leading to a sharp plunge, with prices returning to the starting point from a week ago.

However, it is important to note that the current decline is more about "emotional release" rather than a trend reversal. There is not much room for a significant downward move, especially since Bitcoin’s weekly structure still maintains a healthy bullish pattern. This round of correction is more of a healthy pullback, recharging for the subsequent market. From a macro perspective, the Federal Reserve’s interest rate remains unchanged, which is essentially "within expectations and mildly bearish." The market had already reacted in advance during the day yesterday, and in the evening, the Nasdaq maintained consolidation, with overall risk sentiment not further deteriorating.

The current market has shifted from a unilateral correction to gradually entering a bottoming phase. The characteristics of this phase are: converging volatility, fluctuating sentiment, unclear direction, but it is also a process of capital reallocation and structural reshaping. In the short term, it is not suitable for emotional chasing of gains or panic selling; instead, focus should be on whether the structure is gradually stabilizing and whether multi-cycle resonance signals reappear. Once the bottoming is complete, the subsequent market usually won’t offer many entry opportunities.
The core of the current market is:
Weekly correction has basically released emotions
The macro structure remains intact
Short-term entry into a consolidation and bottoming phase

The real opportunity is not in the decline, but at the moment when the consolidation ends. #WCTC交易王PK $BTC ‌$ETH ‌