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Bitcoin, after a long consolidation, shows a clear bullish trend on the four-hour chart. The evening session closed with consecutive bullish candles breaking above the upper Bollinger Band, forming a typical overbought characteristic. The Bollinger Bands are continuously expanding, indicating that the bulls have fully taken control of the momentum, further confirming the overall upward trend.
Although there is a technical correction in the short term, this correction instead validates the healthiness of the rally—upward momentum remains intact.
Switching to the hourly chart makes it even clearer. The entire movement maintains a rhythm of consolidation while trending upward, with both lows and highs gradually rising, and market sentiment clearly heating up. After the KDJ golden cross, it continues to expand upward, the MACD histogram is strengthening, and the Bollinger Bands are opening upward in sync—all pointing in the same direction: the short-term trend remains strong.
While normal technical corrections are expected, the overall market structure still supports further upward expansion. The key is whether the pullback can be supported strongly enough and whether the bulls can continue their offensive. Currently, bullish signals remain clear, and this outlook continues to favor a bullish stance.