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Have a pleasant weekend, and a new week begins anew. Market fluctuations are quite significant, mostly large amplitude swings, but still following the 15-minute central zone upgrade range of 2300-2385. This week, we are initially facing a decision on the market direction.
Specifically, the 15-minute trend since 2464 shows signs of a retracement ending. The key remains the support rebound at the 2300 level. If the five-minute trend stabilizes without making new lows, it will continue to return to the 2300-2385 range. This will become increasingly favorable for the bulls.
The observation point for the trend remains the support zone of 2293-2270; holding steady there is good. Conversely, if it breaks, it suggests the end of the four-hour rebound.
The success or failure of the 75,550 level for Bitcoin will determine whether the bulls or bears dominate, and the next week's movement will mainly depend on the strength of this decision.