The market ultimately chose the third inference path, with the next rebound target locked in the 78,800-80,000 USD range. Bulls are steadily moving upward through slow oscillations, gradually eroding the strength of bears. Despite US stocks and gold falling in sync, "digital gold" BTC is moving against the trend with strong performance, and this abnormal movement 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 capped below 80,000. Friends with mid-term BTC short positions still need to patiently wait for the next critical time window: around March 19 and before April 6 (I personally predict the core node will likely fall around April 6).