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Looking at this wave of market activity, Bitcoin's performance is indeed worth analyzing. From the overall market structure, the previous dip has already completed its correction, and it is now clearly entering a phase of oscillation with a slight upward bias. Technical patterns across multiple timeframes are confirming each other, making the trend direction quite clear.
On the four-hour chart, after the price stabilized around the 87189 level, it formed a clear upward channel—each pullback failed to effectively break below the previous consolidation support level. In terms of candlestick formation, small bullish candles and solid bullish candles alternate, steadily pushing upward, indicating that there is sufficient buying power below. The bulls are in control of the market rhythm, although there is a resistance zone above, the overall upward trend remains unchanged.
On the one-hour chart, the trend clearly shows a stair-step rise—each minor correction is well-controlled in size. Recent profit-taking at high levels is simply normal technical consolidation during the upward process, and should not be over-interpreted as a sign that the trend is weakening.
As long as the price does not break below that previous low area—i.e., the key support level—Bitcoin will maintain this oscillating upward main trend. In practical trading, the idea of "buying on dips" is reliable; setting long positions near support levels to target further upside is a sound strategy. The key is to closely monitor whether the support level is truly broken; if an unexpected breakdown occurs, the strategy must be adjusted immediately.