Bitcoin's weekly chart shows a danger signal! If the bulls don't mount a counterattack soon, this rebound may be doomed! This chart is one of the Bitcoin technical structures I'm currently monitoring most closely. The BTC weekly EMA (Exponential Moving Average) is forming a very unfavorable pattern! As you can see from the chart: Bitcoin previously rebounded strongly from around $60,000, briefly rising back above $85,000. But here's the problem! The price rebounded, but the weekly trend hasn't truly turned bullish! Currently, the EMA is still showing a bearish red alignment, and after rebounding above $80,000, BTC encountered selling pressure again. Now the price has even fallen back to near the moving average band, testing whether the bulls can hold onto this rebound's gains. This is what I think is most alarming! In a truly healthy bullish trend, we typically want to see: Price regains its EMA (Effective Moving Average) Ribbon Moving averages gradually converge and turn from red to green Moving averages shift from resistance to support during pullbacks However, currently, none of these conditions have been fully met! In other words: While Bitcoin has seen a strong rebound, from a weekly perspective, we still lack sufficient evidence to confirm a reversal in the medium-term trend. Going forward, I will be paying close attention to the weekly close and whether BTC can regain its EMA Ribbon. If the price continues to be pressured below the moving averages, then this rebound may simply be a technical pullback within a downtrend. Conversely, if BTC can regain its footing above the moving averages and allow the moving average structure to gradually turn bullish, that would be a more convincing signal of a trend reversal. I have always emphasized: a rebound does not equal a reversal, and rising prices do not mean the bull market has restarted! Especially on longer timeframes like weekly charts, trend confirmation is far more important than speculating on short-term price movements. Right now, the most important thing for bulls isn't to call for higher price targets, but to first reclaim the lost weekly trend! The next few weekly candlesticks may be a crucial window for judging whether this rebound can continue. Do you think Bitcoin can regain the weekly EMA Ribbon, or is this rebound about to end? Take responsibility for your analysis with your position size.