$BTC BTC Weekly ASR-VC Channel Update (2025.11.21)

Brothers, the weekly price has accurately retraced to the midline of the ASR-VC channel (current live price ≈82600 fluctuating). As long as this weekly candle closes above 83500-84000, the midline support can be considered effectively confirmed!

Don't rush to shout 'the bull market is over' or 'the escape wave is here'. Historically, every time the weekly midline is retraced, it has been an excellent 'panic buying point'. In the past two years, there have been several touches on the midline (end of 2023, mid-2024, early 2025), all of which later became super breakout points.

Current chart details:

- The yellow line (lower edge of the channel) has long been left far behind, proving that the bullish trend structure is intact;

- The midline is precisely supported, the arrow position is the low point of this retracement;

- There is still plenty of space above leading to the overbought line (red zone). Once the midline is firmly held with increased volume, it is highly likely to replicate the previous path of 'midline rebound → hitting overbought';

- The only thing to be cautious about is if the weekly close breaks below 81000-81500 (lower edge of the midline), then it would be necessary to reassess the risk of structural failure.

Operational suggestions (maintain consistent right-side principles):

1. For longs: Continue to wait for right-side signals—enter when a bottom structure (like double bottom, engulfing bullish candle + volume) appears on the daily or 4h level, do not bottom fish on the left side;

2. For shorts: You can place a protective short with ultra-low leverage (1-3x), the aim is not to make big money, but to prevent yourself from chasing longs during a rebound. Real short opportunities should be considered only after a rebound to above 90k;

3. For spot traders: If your position is light, you can gradually add some near the midline, but don't go all in, wait for weekly confirmation for more stability;

4. For those fully invested: Just hold it, don't get shaken out by short-term fluctuations.

This adjustment is essentially a high-level fluctuation digesting profit-taking + macro uncertainty (cautious sentiment before the Federal Reserve's December meeting). The stage of worst liquidity has already passed, and after stabilizing at the midline, it is highly likely to return to an offensive mode.

Stay patient, don’t make any rash moves before the weekly close, wait for the structure to speak.

Do not predict specific levels, just observe the structure, wait for signals, and use time to exchange for space.

Current price around 82600 is the classic position of 'being greedy when others are fearful'.

Stay steady, we are still in the bull market channel.🚀