#BTC

BTC Market Analysis:

After the CME gap area was filled, the price began to rise again. It really seems like it was just to fill a gap! The short positions that were expecting the gap to be filled have already exited, so let's see the direction of the upcoming trend!

Trend Analysis: From the chart, it appears to be a wedge trend channel, and it looks like a pullback after a breakout. It hasn't completely fallen back into the trend channel. If this is confirmed as a pullback, then there will be another wave of upward movement!

However, looking at market sentiment here, it's still cautiously bullish, feeling a bit high, especially since it's near the upper boundary of a high-level consolidation area. Let's wait for another high point to trade!