Monday, Bitcoin is at 77.4k. After falling for so long, the weekly chart structure hasn't fallen apart yet.

The start of a new week isn't bad. Oil prices have dropped 5%, Asian stock markets are moving upward, and Bitcoin has followed to reach 77.4k.
Last week, it touched a low of 74k, but ultimately closed around 77k, the bottom line not broken.
What to watch this week? I think it's just one thing: whether the 77.8k level can be broken through.
Every $1,000 upward has resistance, and market psychological defenses are very clear.
The good news is Nasdaq is about to launch BTC options, which is not a small news; it's an institutional channel expanding.
This is a long-term positive, and the sharp drop in oil prices has also caused some money to flow into risk assets.
But honestly, the weekly, daily, and hourly charts are currently conflicting.
The weekly chart hasn't been completely broken yet, but the daily has been pushing downward.
This kind of tug-of-war pattern is most feared not for a fall, but for repeated frustration.
This week, I am watching one number: 79k.
If it breaks through, the pattern begins to change.
If it can't break through, it will continue to grind between 74 and 79.
My long-term personal short positions were all established last week.
No rush, let the market move on its own.