Let's see, family! Who else felt that shake in the market and thought: "This is it!"? 😅 Well, hold on, because that little "drop" of Bitcoin was not a sign of weakness but the kick of a bull getting ready to run, according to the charts 📈. This is not just news; it's the analysis that tells us the price cleaned out weak positions to recharge and aim for a new all-time high (ATH).

Here's the breakdown, so you won't be left wondering:

What happened with the price?
What we saw was a healthy correction. Analyst EtherNasyonaL made it clear: in a strong bullish trend, it is normal and necessary for the price to drop a bit. Why? To eliminate those who were scared or overly leveraged, leaving only the "diamond hands" 💎. Think of this as a market detox. The key point is that, after the rejection, the buyers came in strong to defend the price at a key support zone! This reaffirms that the sentiment in the macro remains super positive.

The Technical Signals that Captivate:
Analyst Christopher Inks gives us two super strong reasons for optimism:

  1. Formation of "Spring" or Bullish SFP: This pattern, a "Spring" in Wyckoff, is like compressing a spring. The more force you apply, the harder it jumps. It suggests that Bitcoin has refined its trading range and is ready for an explosive upward movement.

  2. Elliott Waves (EWT): The chart shows a "flat" correction structure. In plain language: these corrections usually happen just before the bullish trend takes off again. In other words, the market is aligning to prove us right.

What should we keep an eye on?
Inks drew our attention to Open Interest (OI). This is the money that exists in futures. If the price consolidates (stays stable) and the OI decreases, it is an excellent signal: it means that short positions (those betting down) are being closed, and it validates the rebound. If, on the contrary, the OI increases while the price decreases, we need to wait, because there could be more "distribution" before the party really begins.

The structure of BTC is solid, intact, and the momentum is still alive. The pullback was the stress test, and it passed. Now the million-dollar question is: Are you ready for when that spring is released and takes us straight to a new ATH? 🤔 Keep an eye on the data and what happens next week.$BTC