Basically, $BTC will have a good rebound in the coming week, as shown in Figure 1. The Nasdaq index made a strong engulfing bullish candle last Friday, and the RSI indicator has already rebounded from the bottom. The RSI indicator for the Nasdaq is quite indicative, as the pattern in the oversold zone only has a sharp angle, and the short-term reversal signal is strong. Therefore, in the coming week, the Nasdaq index will show a good upward pattern, which means what it means for $BTC goes without saying, especially since $BTC is rebounding from a short-term oversold state, and will only rise stronger than the Nasdaq. If there is still an opportunity to get in, it depends on whether Bitcoin has a significant correction in the four-hour KDJ oversold zone.