Trading in this area, to put it simply, is a game of battling one's own desires. Dissatisfaction is often not due to having little, but wanting too much. Behind every candlestick on the market chart is money; it's impossible not to be tempted, but whether you can maintain that boundary is the key to profit or loss. Looking back at this week's market, the overall volatility was not large, and the rhythm was mainly oscillating. Bitcoin initially surged to around 78,180, then faced resistance and pulled back, clearly showing short-term resistance above. It then continued to decline to around 74,200 before stopping and rebounding. This rebound came quickly and with considerable strength, maintaining a relatively strong continuation, but it has not yet broken through the key resistance formed during mid-week consolidation. Currently, the market remains in a phase of pressure and consolidation, with the larger timeframe still favoring a high-short strategy.

From the weekly chart perspective, after last week's reversal to a bearish candle, this week continued the trend but mostly oscillated around the opening point at the start of the week. Although there was further breakdown and decline mid-week, it did not break through significantly. The price has recovered to around 77,000 and is consolidating. Overall, it remains a structure of a large bearish candle followed by a doji, maintaining a weak tone. The pullback did not further break below the mid-line support, indicating that the weekly level still needs some consolidation and accumulation before there is enough momentum for further decline. On the daily chart, after a series of downward candles, the trend shifted to a minor bullish correction. Over the weekend, a large bullish candle followed by a large bearish candle formed a relatively strong recovery structure. The price is operating near the lower band of the Bollinger Bands, maintaining a oscillating consolidation pattern. We have repeatedly mentioned that this week, the gap at 79,000 at the open has not been filled. This gap is like a hurdle hanging above the bears. As long as it is not filled, the difficulty of directly moving into a downward trend increases. Shorts can continue, but caution is needed regarding the risks from rebounds and gap repairs.

For next week, the strategy remains to watch whether the market will rebound and fill the previously left 79,000 gap. Continue to follow the overall trend, maintaining a high-short stance. Watch for a staged short at 77,000-78,000 during rebounds, with initial support at 76,000 break, then 74,000 and 70,000. Ethereum also follows a high-short approach, with rebounds monitored at 2,160-2,180 resistance for shorts, and support at 2,100-2,050.