The 3-day BTC candlestick chart found support at the 'descending trendline' during the pullback from 4/25 to 5/1, and after the close on 5/3, it successfully broke above the upper boundary of the 'trend channel.' This is a rare pattern in a bearish downtrend. As a result, the next 2-3 candlesticks become extremely important. Looking back at past bear market cycles, if this is a false breakout, the price typically drops back below the 'trend channel' after about 3-4 candlesticks and starts rebuilding a bottom. If it’s not a false breakout, then this signals a bullish trend (mini bull market). Interestingly, this aligns with signals from on-chain data. For instance, the current BTC price has already broken through the dual resistance of STH-RP + TMMP. Will this be temporary? We don’t know yet. But if BTC can stay above this level for a full week (false breakouts usually don’t last this long, as short-term holders tend to sell heavily near the cost line), then this would also confirm a bullish trend signal.