⭐$BTC has returned to the 9x range, causing many to wonder whether this is a reversal signal or just a price trap.
- The increase range is not large, and the volume is not explosive => the trend is still unclear.
- The possibility of $BTC returning to the 8x range remains if a strong red candle appears.
- To confirm the uptrend, $BTC needs to close the weekly candle above the 90k range and the volume must increase accordingly.
At that point, you can expect a strong recovery wave for altcoins.