Looking at this wave of Bitcoin's weekly chart pattern, it feels somewhat similar to the trend in Q1 2022. Whenever real whales enter the market, it's accompanied by spike moves; sideways consolidation without spikes often indicates declining participation. Right now, BTC is consolidating during the midday session. Based on this pace, there's likely to be continued downward pressure in the afternoon. The whale playbook is actually straightforward—first accumulate long positions, and once accumulated sufficiently, trigger a sharp washout. The current challenge is that to see a real relief rally opportunity, we still need to wait for strong bullish candles on smaller timeframes. Without such confirmation signals, the sustainability of short-term rebounds is difficult to guarantee.