The current rally appears to be momentum-driven, with no immediate signs of bearish reversal. Technical indicators show strong buying pressure, and price action remains well above both the 50 and 200 EMA support levels. The most recent upward surge added over 14% in just a few days—clear validation of trend strength.
So, what’s next?
There’s no clear resistance overhead, making this a price discovery phase. While it's difficult to predict the exact top, seasoned traders are watching for signs of consolidation or bearish divergence to gauge when a correction might begin.
Until then, many are choosing to hold spot BTC rather than short or exit, as the trend remains firmly intact. Historically, Bitcoin has shown that parabolic runs often extend longer than expected, especially when retail interest is still growing and institutional inflows remain steady.
Key Takeaways:
- Bull flag played out perfectly
- No reversal signs yet
- Consolidation likely before any correction
- Holding spot BTC remains the favored strategy
Keep an eye on volume and short-term candle structure to anticipate micro-level shifts. For now, the bulls are clearly in control.