This week, Bitcoin's movement truly challenged volatility limits, as at the beginning of the week it failed to break through the previous high and received a correction, and the market continued to decline, settling at the 75,000 level, then the army of traders began launching counterattack calls, witnessing price fluctuations with upward and rebound movements, rising again above the 79,000 level, resulting in weekly volatility approaching ten thousand points.

Our results in announcing buy and sell strategies this week were somewhat unsatisfactory, as we faced market instructions from both directions, although all the trades we made quickly returned to break-even points, but those who make mistakes must bear the consequences and stand firm, as the market does not guarantee victory always, but requires acknowledging mistakes, accumulating lessons, and improving the trading system so we can survive sustainably in this highly volatile market.
From the current situation, after Bitcoin stabilized from a previous low, the main upward trend has not changed, and a continuous recovery and market correction appeared on the weekly chart, but currently, the tendency to buy at high levels has become more cautious, with trading volume shrinking, and a short-term technical correction is needed, which is the reason for the pullback after the attempt to break through at the beginning of the week.
On the daily chart level, the market generally moves within a wide fluctuation range at high levels, with pressure from above at the 79,500 level, and strong support at the 75,000 level confirmed during this week's correction, as the quick recovery of the price after the correction indicates strong support from below.
Combined with the four-hour level, the market is now in a phase of balance between fluctuation and pressure, with the conflict centered in the critical area at high levels, with the possibility that an upward breakout could open new horizons for upward movement, while breaking support at the barrier level will lead to a retreat back toward the lower support.
Overall, the market remains in a wide fluctuation phase at high levels, and the major trends are not at risk, only short-term reactions have intensified, so we should focus on dealing with critical positions rather than blindly predicting the trend.
In light of current challenges, it is important to maintain a steady pace, control risks, and avoid rushing into buying or selling blindly.