Weekly Summary: Grasping the Bull-Bear Rhythm in Volatility and Trends

Another week is coming to an end. Overall, the strategy this week was quite good, still steadily achieving solid results. At the start of the week, the market sentiment began to decline from the high point of 79,455, with some rebounds in between, but ultimately it continued downward to the weekly low of 74,868. Then, the bullish momentum quickly rebounded, recovering most of the previous decline, forming a clear V-shaped reversal pattern. After approaching the previous high, it entered a consolidation phase. Although there was a pullback, the overall trend remained relatively strong, ending with high-level oscillations. Overall, this week experienced a complete "decline–bottoming–recovery" cycle with large fluctuations, but in the end, the bullish momentum successfully reversed the initial downturn, returning the market to a bullish channel. Next week, we can first watch for a breakout and then adjust accordingly.

On Monday, the market surged then pulled back. Early morning signals suggested buying dips at low levels. Bitcoin at 77,900 was bought on dips, and during the day, it surged over 1,100 points. Previously, it was also indicated that if the price broke resistance, it would be a good opportunity to buy the dip. Bitcoin at 79,200 was bought on dips, gaining 1,500 points. Simultaneously, the related asset at 2,390 also gained 70 points. In the evening, another buy-the-dip idea was proposed around 77,500, which had already gained 700 points earlier. However, after a rebound, the market quickly retraced, and positions were closed to lock in profits. The total gains for the day were nearly 2,700 points.

On Tuesday, the market remained in a sideways consolidation with limited volatility. Early morning, buying dips at 76,500 gained 850 points, then a quick reversal to short positions at the same level gained another 680 points. The total for the day was 1,500 points.

On Wednesday, a sharp V-shaped reversal occurred, with the buy-sell rhythm switching rapidly. Early morning, buying dips at 76,000 and reaching 77,200 in the afternoon gained over 1,100 points. The overnight asset at 2,390 gained 60 points. In the evening, another buy-the-dip signal was given, but magnesium stocks did not continue as expected. Dips around 77,000, after breaking support at 76,500, were closed with a loss of 600 points. Although the trend for bullish momentum was previously emphasized, the market faced pressure in the evening, prompting a quick switch to short positions. Short positions at 76,400 dropped to 75,000, gaining over 1,300 points.

On Thursday, the market consolidated with limited short-term space. A buy-the-dip strategy was suggested. Buying dips at 75,200 gained 1,000 points, then a second dip at 75,500 gained another 700 points. The total for the day was about 1,700 points.

On Friday, the market moved sharply higher, with a daily gain of nearly 4,000 points. The entire upward move was anticipated for buy-the-dip. Overnight dips at 77,100 gained 1,200 points; early morning dips at 76,400 gained 760 points. In the afternoon, a pullback to 77,000 was used to buy again, gaining over 1,000 points. The rebound in the evening added another 1,000 points, including a breakout of 78,700 from the 77,400 level, which gained over 1,300 points. The total for the day was over 4,300 points.