$BTC Currently stuck in a critical weekly range.

Over the past few weeks, the 200-day moving average + EMA have been providing support, but the market has not shown a real rebound, indicating that buying pressure is still not strong enough.
More importantly—
The bull support band broken in November has started to turn into new resistance, and it is continuously moving downward.
To put it simply:
Support is holding, but the upward pressure is becoming increasingly heavy.
Meanwhile, Solv Protocol has just been attacked, with the attacker exploiting a reentrancy minting bug to steal approximately $2.7 million from the token treasury.
The team stated:
Fewer than 10 affected users, and losses will be fully compensated.
The recent market is quite typical:
Price volatility + frequent security incidents + cautious sentiment.
Next, it depends on whether
BTC can hold the 200-day moving average and rebound, or if it will once again seek liquidity downward.