After dipping intraday, $BTC quickly recovered and is now at the upper edge of the 30-day consolidation range. Following the previous strong rally, it’s been moving sideways, which is a sign of bullish continuation. There have been multiple fake-out bearish candles, and last week’s bearish candle was completely engulfed by this week’s bullish candle, confirming it as an invalid fake-out. Macro trend: Bull flag channel, initiated in January-February 2026, with a consolidation period lasting over 200 days. There’s a bottom divergence, and the upper channel has been tested multiple times. The longer the consolidation, the higher the probability of a true breakout to the upside later. Key levels: Core breakout confirmation point: A breakout above 82,500 confirms the bull market. For bulls to continue gaining strength, there must be a volume-backed breakout! Currently, the trend hasn’t formed a top structure, so even if you short, make sure to set a stop-loss to avoid major losses caused by a strong bullish breakout.