BTC Technology:

1. Weekly Level: The price this week is similar to the judgment made on Monday, moving within a wide fluctuation range. From a perspective of looking for a sword in the boat, the current top market is very similar to the top market from 2021 when it shifted from bull to bear, where the top appeared and then dropped, followed by a fluctuation range. In 2021, it went through a weekly flag pattern before a sharp decline; this fluctuation range has now updated with three K-lines, and it remains to be confirmed whether the specific fluctuation pattern is rectangular or flag-like.

2. Daily Level: During the rebound process, the price formed a bearish candle for the first time, creating a bearish engulfing pattern with the previous day, and structurally it is a bearish flag consolidation. The larger cycle is also a wide fluctuation, so attention should still be paid to the risk of a pullback.

3. Regarding Bollinger Bands, there is resistance at the upper band, and currently, there are no signs of an upward breakout.

4. 4-Hour Level: In terms of Vegas, the price failed to successfully break through the Vegas channel yesterday, and under the pressure of Vegas + TD9, a pullback occurred. If the market wants to continue rising, it must break through Vegas.

5. Regarding MACD, it has started to shift from bullish to bearish, forming a death cross above the water, and the volume has shifted from bullish to bearish.

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