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This week's market sentiment officially concludes, reviewing that Bitcoin continues the previous bullish upward trend dominated by the "Duo Tou" pattern. At the start of the week, the market sentiment led a pullback to confirm support, with a low dip around 73,600 before stabilizing and rebounding. It then oscillated upward steadily, reaching a high of approximately 79,500, just one step away from the 80,000 level. Subsequently, as the momentum of the "Duo Tou" attack weakened, the market faced pressure and declined, entering a phase of consolidation. This week, we publicly positioned in orange, following the trend to buy "Duo," with only one small profit from "Yi Tai," successfully capturing a total of 11,770 points in Bitcoin and 396 points in "Yi Tai," pocketing the gains.
From the weekly chart perspective, the previous trend reversal was clearly completed, with several consecutive weeks of bullish candles closing higher. After stabilizing at low levels, the price broke through multiple key resistances, fully opening the upward channel. Currently, the price firmly remains above the weekly central pivot, with each pullback met with strong buying support. The long-term "Duo Tou" dominated pattern is basically established, with no signs of trend reversal. On the daily chart, the market has steadily advanced along the upward channel, with moving averages showing a "Duo Tou" arrangement. The price has remained above the key levels throughout, even under pressure near the 80,000 mark, without deep retracements. After pullbacks, quick recoveries confirmed strong support, indicating the current "Duo Tou" strength is robust. The overall upward structure remains intact, with no signs of trend-breaking formations. Combining the four-hour chart, after reaching 79,500, the market entered a high-range oscillation between 77,000 and 79,000. During this oscillation, the pullback lows gradually lifted, with support at the lower boundary remaining solid. There has been no volume surge or sharp decline, indicating that the "Duo Tou" pattern still firmly controls the market. The current sideways consolidation is not a trend top signal but a routine correction during an upward move. We remain optimistic that after the "Duo Tou" pattern completes its buildup, the trend will continue. $BTC $ETH #Gate13周年现场直击