Bitcoin Weekly Report: Weak rebound over the weekend, beware of a potential crash in the new week! Chart 1: The price has broken below the 48-day upward trendline and the lower boundary of the ascending channel structure—this is Phase 1. Over the weekend, there was a weak rebound to retest and confirm the breakdown—this is Phase 2. Next, there's a high probability of a sharp drop—this is Phase 3. A classic 1-2-3 price breakout pattern. Chart 2: Spot $ETH saw a net outflow of $220M from institutions last week. Although the amount isn't huge, it marks the end of four consecutive weeks of net inflows. In fact, the total inflows over the past four weeks weren't significant either. ETF institutions are already in retreat mode, adopting a defensive stance. Chart 3: On the daily chart, the price has clearly entered a mid-term downtrend and has confirmed the breakdown of the 48-day upward trendline. Coupled with the MACD bearish crossover at a high level, this is a very critical bearish signal. Currently, the price is consolidating sideways with weak rebounds. If there's any turbulence next week, it could accelerate the breakdown and lead to a sharp drop. Chart 4: The weekly close isn't looking optimistic either. It's estimated that two consecutive weeks will close with inverted hammer bearish candlesticks. The resistance above is overwhelming—how can it rebound? April's U.S. data is expected to be poor, which will be bearish. Plus, the escalating Middle East conflict is truly adding insult to injury. Don't miss any crisis! Where there's danger, there's opportunity. As Bitcoin enters a bear market, shorting at high levels could be a profitable strategy! Contract trading is a double-edged sword—you need to hone your skills and keep learning to turn it into a weapon for your own profit!