#加密资产ETF十月关键对决 BTC Weekly Review: Weekly Breakdown Under Pressure, Short-term Bearish

This week, Bitcoin's weekly candlestick chart shows a weaker trend, with clear signs of a bearish trend. The price has broken below key moving average support, the MACD indicator's negative bars continue to expand, and the trading volume during the decline is also supporting the downward move. On the news front, a major exchange has been trading at a 14-day negative premium, spreading market panic. Coupled with weakening rate cut expectations and the US stock market draining funds, multiple negative factors are stacking up, putting immense pressure on the bulls.

From a technical perspective, the breakdown signals are quite obvious, with severely insufficient rebound momentum. It is highly likely that the price will continue to oscillate at high levels and move downward.

**Future Trading Strategy**

Consider shorting around 88,800 and 89,500 in the coming week.

If a rebound occurs near 90,600, add to your position with a stop at 91,100.

The lower target is 86,000; if broken, then look towards 84,400.