The market ultimately chose the third inference path, with the next rebound target locked in the 78,800-80,000 USD range. Bulls are advancing steadily through slow oscillations, gradually eroding short-side strength. Despite US stocks and gold falling in sync, "digital gold" BTC is moving against the trend with strength, and this unusual performance is indeed somewhat puzzling. However, we still need to remain highly vigilant—this is merely a 4th wave dead cat bounce at the weekly level, with the rebound high likely to stop below 80,000. Friends with mid-term BTC short positions need to patiently wait for the next key time window: around March 19th and April 6th (I personally predict the core node will likely fall around April 6th).
The market ultimately chose the third inference path, with the next rebound target locked in the 78,800-80,000 USD range. Bulls are advancing steadily through slow oscillations, gradually eroding short-side strength. Despite US stocks and gold falling in sync, "digital gold" BTC is moving against the trend with strength, and this unusual performance is indeed somewhat puzzling. However, we still need to remain highly vigilant—this is merely a 4th wave dead cat bounce at the weekly level, with the rebound high likely to stop below 80,000. Friends with mid-term BTC short positions need to patiently wait for the next key time window: around March 19th and April 6th (I personally predict the core node will likely fall around April 6th).