$BTC Considering the current market situation, the overall structure of Bitcoin is still in an upward trend. It shows no significant tendency to decline, and the structure of short-term fluctuations is expected to continue for some time. The daily candle also closed above, maintaining a key level at the lowest point, recovering recent losses. After the rally, there was no significant pullback, so it remains at a high level of fluctuations, which we previously referred to as a phase of temporary correction. The four-hour continuous bullish structure also shows signs of continuation, with minor pullbacks. Currently, the price has recovered above the midline, and locally it is also moving upward, correcting and consolidating. Overall, pullbacks are accompanied by consistently rising lower points, with no significant decrease in volume and the appearance of large bearish candles. Moreover, each pullback has a corresponding bounce, and the strength of the bearish pullback is insufficient to reverse a strong trend; it only slows down and corrects the upward movement.