From the current daily structure, the market is gradually forming a relatively clear rebound pattern. I've repeatedly emphasized that Bitcoin's performance at this stage is significantly stronger than traditional risk assets, and the fund acceptance capacity is also noticeably stronger. The market's performance last week has already sent similar signals, and macro-level headwinds have not truly broken through the structure.

Over the weekend, the market released messages about the potential continuation of war, which is essentially pre-digesting bearish sentiment at an emotional level. After this expectation was fully traded over the weekend, it actually reduces its impact on the market next week. From a capital perspective, institutional fund movements are more worthy of attention. Major institutions represented by BlackRock and MicroStrategy continued to increase their holdings last week. In my view, this level of sustained capital inflow suggests that this rebound trend has not ended.

The pullback phase from the weekend to Monday is more suitable for finding value opportunities for long positions at lower levels, rather than blindly shorting at current levels.

Trading strategy: Focus on buying on pullbacks
69,800 – 70,200: Can accumulate long positions in batches
68,800: Stop loss if broken

Target zone: Around 78,500

All shorts are short-term shorts; don't think in terms of the bigger picture expecting pullbacks to the 66,000-64,000 range. During consolidation, look for dips if there are further pullbacks. Strict risk management, wishing you success! $BTC