$BTC closely watch the hourly chart, the price movement seems to be repeatedly kneaded by invisible hands. The price is firmly stuck between the upper and lower bands of the Bollinger Bands, and every time the bulls try to push towards the previous high, it feels like hitting a solid wall and returning empty-handed. The current short-term volatile market can be seen as a solid confirmation.

The next key resistance level is a battleground that both bulls and bears will contend for, but looking closely at the larger picture, the overall upward momentum has not been broken. This pullback now feels like a buildup before the storm, and there is still potential for a breakout beyond the previous high. However, there is considerable divergence in the market, so the subsequent upward trend is unlikely to be smooth sailing, and it will most likely experience repeated fluctuations as bulls and bears tug back and forth.