It's time for wave analysis again. In the previous text, it was indicated that the daily chart has initiated the second wave of upward movement. As of last Friday, stimulated by favorable geopolitical news, the market quickly surged to the important resistance level of 78,000 on the weekly chart, completing the final wave of the rally. Subsequently, a pullback began, ending the three-wave upward movement that lasted for 20 days. This week, the market will continue to oscillate and retrace starting from the weekend. The strength of this pullback this week will determine whether a new daily-level rally can be triggered again on the weekly chart or if it will form a new mid-term low in the current downtrend. Currently, Bitcoin is around 71,000. Everyone needs to focus on whether a reversal can form or if there will be a significant break below this level, which will then influence the positioning for the next upward wave.