Recently, I noticed an interesting signal—did you see the candlestick on December 3? As soon as the news about the end of Fed deflation came out, $BTC immediately surged with a big bullish candle, completely engulfing the bearish one from the previous day. This "bullish engulfing" pattern basically means: a short-term bottom might be in, and a rebound could be coming.

But don’t get too excited yet. The MA250 on the 4-hour chart is still trending downward. You know how it is when bouncing below the moving average—it’s not going to shoot straight up in one go. Most likely, it’ll grind its way up with some fluctuations.

As for trading? Contract traders can do the opposite—try going long near support levels and flip short at resistance. Spot holders can just stay put and hold; no need to overtrade.

There are two key time points to watch this week: on Tuesday, the US 10-year Treasury auction will reveal the market’s real expectations for rate cuts; then there’s the final decision from the FOMC meeting. These two events will basically set the tone for what’s next.