BTC is standing at a very important level on the weekly chart. If at the beginning of next week the price cannot regain the 79,000 level, then the likelihood of a continued downward trend will probably extend in the near future.

Previously, I opened a short position around 80,500 because I noticed the market structure was starting to weaken. However, after some unexpected news appeared overnight, part of the short orders were wiped out, so I am currently holding a small position to observe further.
My current view remains unchanged: BTC is very unlikely to enter a strong downward move in the long-term trend unless the US stock market truly crashes. But the problem is that the signals from the stock market right now are also quite negative, selling pressure is becoming more apparent, and market sentiment is becoming more cautious.
Therefore, there is no need to rush at this stage. The most important thing is to wait for the reaction of the US market when it opens at the beginning of the week. If stocks continue to weaken, BTC may lose more key support levels. Conversely, if capital flows back into risky assets, the crypto market still has a chance for a short-term rebound.
Next week will be the decisive time for the next trend of $BTC .
{spot}(BTCUSDT)