Although $BTC has broken above the rising channel on the 4H chart but I’m still doubtful about the sustainability of this breakout! After the move, price has returned back to the upper boundary of the channel which raises the risk of a potential “ fake breakout “

Especially with no significant increase in volume and the presence of wicks around the resistance zone it could signal weakening buyer momentum.

That’s why it’s safer to wait for clear confirmation (like a 4H close holding above the channel) before entering new positions..