Bitcoin has been riding a wave of bullish momentum lately, consistently printing candles that point toward continuation. What's catching traders' attention? The price action near the 50-period EMA—flat as it is—sits right in the sweet spot of an ascending triangle still taking shape. Technically speaking, this setup screams equilibrium. From the chart perspective, we're seeing that textbook balance between buyers and sellers. The mid-level zone where the 50 EMA currently rests acts as both support and resistance, creating psychological significance for the market. An ascending triangle formation typically signals consolidation before the next leg, and Bitcoin's positioning here offers a compelling read. Whether this balance tips bullish or breaks bearish depends on the next move—but right now, it's the kind of technical structure that traders have been monitoring closely.