The market ultimately chose the third deduction path, with the next rebound target locked in the 78,800-80,000 USD range. Bulls are steadily advancing through slow oscillations, gradually eroding bears' strength. Although US stocks and gold fell in sync, "digital gold" BTC moved against the trend and strengthened, and this abnormal performance is indeed somewhat bewildering. However, we still need to remain highly vigilant — this is merely a 4th wave dead cat bounce at the weekly level, and the rebound high will likely stop below 80,000. Friends with mid-term BTC short positions still need to patiently wait for the next key time window: around March 19 and before April 6 (I personally predict the core node will likely fall around April 6).