The new week’s Bitcoin weekly chart shows a technical pattern of oversold rebound and weakening bearish momentum, providing a technical window for short-term bullish positions. In the weekly KDJ indicator, the K value is 17.85, D is 19.46, and J is 14.64; all three lines are in the oversold zone (below 20), and the J line has already shown signs of turning upward, indicating short-term selling pressure is waning, bullish sentiment is gradually recovering, and an oversold rebound signal is clear. In the MACD indicator, although DIF and DEA are still below the zero line, the MACD green bars are continuously narrowing, indicating that the bearish momentum is entering the final phase of decay. The difference between DIF and DEA is gradually decreasing, and a low-level golden cross is imminent, which is an important early signal of a trend reversal on the weekly level.

If Bitcoin continues to decline to around 65,000-63,000, consider entering long positions, with a buy at 62,000, a stop loss at 60,000, and a target of 71,500, with an upward breakout potential.

For Ethereum, consider long positions around 1900-1950, buy at 1850, with a stop loss at 1750, and a target near 2350, with an upward breakout potential.