This surge in BTC, which started at 60,000 , seems more like a technical rebound to me than the start of a new bull market.
Once the rebound is over, the market will most likely return to its original downward trend. I have actually said this point many times before.
To be honest, I actually hope my judgment this time is wrong. After more than six months of continuous decline, many people are hoping for the day when the "bear market ends and the bull market resumes." I understand this anxiety, because I myself have experienced two complete bear market cycles. But the market is often very realistic; the bear market may only be halfway through, and it won't end prematurely just because everyone is hoping.
Since August 2025, my predictions for many phases of BTC and ETH price fluctuations have been largely accurate, but this doesn't guarantee future accuracy. The most difficult part of trading is this— even with a high success rate, you must always maintain a healthy respect for the market . If your judgment goes astray, you must review your logic, identify the problems, and continuously adjust, rather than stubbornly fighting the market.
The market is always smarter than anyone else.
Making mistakes is acceptable in trading, but repeating the same mistake is not . Bear markets are tough, but they also weed out weaker players; those who survive are often the ones who truly profit in the next cycle. Let's weather the bear market together in 2026. If we're still around in 2028, the returns will likely be substantial.
Weekend Market Analysis
Looking at the short-term market, BTC has now climbed back above 70,000 . The weekend's price action was actually a correction after a pullback. The intraday outlook was for a decline, but the market didn't reach that level and instead rallied first, correcting last week's upper wick structure. Then, around 74,000, a Double Top formed, and the price began to pull back.
Structurally, the key support level is currently in the 68,000-70,000 range . If this level holds, it would be a good entry point for short-term long positions. Based on the current pace, the market is likely to see another upward surge next week, with an initial target around 76,000 . The overall resistance range is between 76,000 and 80,000 , where it will be crucial to observe whether a temporary top will form.
ETH is basically moving in tandem with BTC, with key support currently around $2000 . The $ 1950- $2000 range has been tested multiple times without a significant break, indicating some support at this level. If $2000 holds this time, ETH has a chance to challenge the $2300-$2400 range next week, while the greater resistance area is around $ 2500- $2600, corresponding to BTC's key range of $ 76,000-$80,000 .
As for altcoins, the market is currently relatively quiet with insufficient market enthusiasm, making this a more like a period of accumulation for spot trading. In the short term, Bitcoin will continue to dominate the market ; as long as BTC continues to fluctuate, ETH and altcoins will generally follow suit. The key is whether a new turning point will emerge in the 76,000-80,000 range .
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