Bitcoin pulled off a major move this week: a single-week surge of over 23%, the strongest weekly candle in nearly three years. The price climbed from 63,000 all the way to above $77,529. And currently, the short-term pullback is still under 3%.
My view is very direct: this kind of weekly strength isn’t something retail investors can pull off—real, substantial capital is unmistakably entering the market. The Fear & Greed Index has moved into the Greed zone, and market sentiment really has turned upbeat. But at the same time, the number of people chasing higher prices has also grown.
For the crypto space, this isn’t a normal rebound—it’s a signal that the trend is strengthening. There’s no need to panic about this small short-term pullback. As long as weekly support holds and isn’t broken, there’s likely still room ahead. In terms of trading, don’t go all-in at once; it’s more稳妥 (safer) to buy in batches during the pullback. And don’t become the bag-holder at the peak of emotions.
My view is very direct: this kind of weekly strength isn’t something retail investors can pull off—real, substantial capital is unmistakably entering the market. The Fear & Greed Index has moved into the Greed zone, and market sentiment really has turned upbeat. But at the same time, the number of people chasing higher prices has also grown.
For the crypto space, this isn’t a normal rebound—it’s a signal that the trend is strengthening. There’s no need to panic about this small short-term pullback. As long as weekly support holds and isn’t broken, there’s likely still room ahead. In terms of trading, don’t go all-in at once; it’s more稳妥 (safer) to buy in batches during the pullback. And don’t become the bag-holder at the peak of emotions.