Bitcoin first surged higher and then retraced to around 79k, with a short- to medium-term accumulation completing over the weekend, beginning to shrink in volume and rebound, almost identical to this week's path projection! Next, I will share the overall expectations for the latter half of the rebound:

First, support was confirmed at the lower boundary of the price accumulation, then due to insufficient liquidity during the holiday, a short-term distribution phase was initiated (with relatively limited strength, keeping the price steadily above the midline).
Therefore, the upper boundary here is quite critical, because 816-818 is not only the first rebound high point of the minor correction, but also the resonance suppression within the trend cost band, so in the short term, a 15-minute three-sell expectation should be maintained. As long as the previous day's retracement low is not broken, the medium-term accumulation remains valid;
Secondly, although the possibility of a downward move is retained, the space below is limited, and the overall mindset remains bearish but not shorting. As long as the extreme value of 77k is not broken, the overall view will not change.
The short-term bearish opportunity is limited to a small retracement around 816 where resistance occurs, but once the candle closes above 82, an immediate exit is required, as this is a high-profit-and-loss trial-and-error situation! Further observation of the strength is needed, and additional details will be provided tomorrow.
Summary:
- Hold the core position; if it retraces to around 79.8/80k, consider it a new opportunity to add positions.
- Without obvious signs of distribution, after breaking 82k, set the final bullish target above 83k.
$BTC