$BTC BTC don't be fooled by the blooming flowers thinking spring has arrived!

After a 14-day re-accumulation process in the price range of 93.5k - 97.5k, BTC is currently in the process of pushing prices (phase E) according to WICKOFF after breaking out of the 97.5k price range. However, when looking back at the reasons for BTC's price increase, we see that BTC has created an upward accumulation pattern, which is a pattern that relatively holds a lot of supply and always carries the risk of bull traps after breaking out of the upward re-accumulation zone. As seen in December 2024, after the upward move from the re-accumulation zone, we observed that BTC encountered two large bull traps shortly after breaking out of the re-accumulation zone. At the same time, after these bull traps, organizations also caused retail investors to become discouraged and continue to leave the market through re-accumulation phases lasting 3 - 5 days before creating the next bull traps.

Therefore, we must be extremely cautious at the current stage regarding the reasons for BTC's rise, which originates from the upward accumulation pattern to avoid strong sell-offs similar to those before.