A special analysis article published by MarsBit points out that this week marks a decisive phase for the market, with technical developments in Bitcoin (BTC) and HYPE token at the center of attention. The analysis focuses on BTC's retest of the lower boundary of its short-term ascending channel. Bitcoin has been trending upward steadily within this channel, and the current pullback to the lower rail is critical: if the retest confirms support, the channel remains intact and the uptrend is likely to continue; a breakdown below the rail, however, could trigger a deeper correction. Simultaneously, HYPE is facing a fierce battle around the $64–$66 support zone, which was previously a high-volume consolidation area. The outcome of this tug-of-war will significantly influence HYPE's medium-term trajectory.
Based on the technical assessment, the article proposes a differentiated trading approach. For Bitcoin, it recommends a short bias on a mid-to-short-term horizon, entering after confirmation of a breakdown. For HYPE, it advises a long-on-dips strategy, building positions within the $64–$66 support zone. The article repeatedly emphasizes strict risk control and dynamic stop-loss adjustments to manage market uncertainties. With volatility likely to increase this week, traders should closely monitor key price levels and be prepared to adjust positions flexibly as conditions evolve.