1. For me, this remains a phase of patience. 2. Long-term trends do not shift easily. However, market participants are still restless for a quick change, which proves that expectations remain high. 3. During the February dip, many narratives were used to explain the decline. Looking back, however, it was simply movement within a sideways range. The opposite is no different now reasons for the rise are suddenly pouring out everywhere. 4. Since that range held firm, it is only natural for bulls to regain confidence in March. While a positive short-term momentum may continue, from a trend perspective, it is nothing more and nothing less than that. 5. Ultimately, the current BTC price rise does not appear to be a move that signals a true trend reversal.(mignolet)