#美联储回购协议计划 My market analysis almost always starts from the weekly chart level. I still remember the rebound in August, when I marked a clear resistance zone— as long as it doesn't break through, it's still a rebound, not a reversal.

This logic held up through 23 consecutive trading days. Until the market tested this resistance level for the seventh time and still couldn't break through. At that moment, I knew I had to change my thinking.

Why? It's simple—volume couldn't keep up, and the upward momentum was clearly insufficient. The market needs to move downward to find support at lower levels and re-balance.

The subsequent trend also confirmed this judgment. The market indeed sought a new equilibrium point downward. $BTC and $ETH 's performance all aligned with this logic. That's why I always emphasize the importance of looking at the weekly chart—it helps you filter out too much noise.