Bitcoin's current trend appears quite regular from a technical perspective. The 4-hour chart shows clear divergence signals, which usually indicate that correction pressure is building up. Once the bullish momentum weakens, a pullback is needed to repair the trend structure — this is actually a normal market rhythm.
Interestingly, the price was almost testing the key level of 98,000 but suddenly reversed and started to retrace, just a hair away from breaking a new high. This kind of "almost breaking a new high" movement actually reinforces the need for technical correction.
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Bitcoin's current trend appears quite regular from a technical perspective. The 4-hour chart shows clear divergence signals, which usually indicate that correction pressure is building up. Once the bullish momentum weakens, a pullback is needed to repair the trend structure — this is actually a normal market rhythm.
Interestingly, the price was almost testing the key level of 98,000 but suddenly reversed and started to retrace, just a hair away from breaking a new high. This kind of "almost breaking a new high" movement actually reinforces the need for technical correction.