The weekly chart has shown three consecutive green candles now.

It's slowly climbed back to around 74k from just over 60k.
Overall, this is the rhythm of a weak bounce.
The current price just broke above the 5-day moving average.
It's temporarily escaped the previous panic selloff.
But the 10-day moving average is still sitting around 74,800.
It's quite difficult to push higher.
These past few days have basically been bouncing between 73,000 and 76,000.
The fluctuations aren't that large.
The major players haven't really pushed hard.
Volume hasn't expanded much either.
This indicates everyone is watching and waiting.
In the short term, it's likely still grinding the bottom within this range.
If it can break above 76k on volume, there could be another bounce upward.
But if it breaks below 73k, we might head back down to test prior lows.
Right now there's no signal of a complete reversal yet.
It's more like a technical bounce after the sharp decline.
In terms of trading, it's better to play it safe. (Chen Jiaguang)