Looking at this Bitcoin weekly chart pattern, it feels somewhat similar to the trend in the first quarter of 2022. When major players enter the market, they are usually accompanied by spike actions; those sideways movements without spikes often indicate decreasing participation. Currently, Bitcoin is consolidating sideways during the midday session. Based on this rhythm, it is likely to continue facing downward pressure in the afternoon. The strategy of the big players is actually quite simple—first accumulate long positions, and after accumulation is complete, they will trigger a sharp decline to shake out weak hands. The current difficulty is that to see a real short-term relief, we still need a strong bullish candlestick on a smaller timeframe. Without such a confirmation signal, the sustainability of a short-term rebound is hard to guarantee.