#密码资产动态追踪 Bitcoin's current trend still looks quite bullish. The recent rally from around $90,000 is not driven by fleeting emotions but by a sustained trend after thorough consolidation, indicating that major funds remain optimistic about the future market.

What about the technical aspect? On the four-hour chart, the price has been firmly holding above the middle band of the Bollinger Bands, occasionally testing the upper band. Moving averages across various timeframes are all expanding upwards, which is a sign that the uptrend is still alive. Although there have been some pullbacks recently, they are mostly profit-taking from the rapid gains earlier, without any signs of collective panic selling or heavy volume dumps. The overall holding structure remains healthy.

The one-hour chart also shows interesting behavior. After a sharp rise, the price entered consolidation, but the retracement was not too rapid. Each dip was met with buy orders at the bottom, preventing a weak, continuous sell-off pattern. This kind of market movement appears more like a technical pullback within a strong trend, aimed at cooling overbought indicators and clearing out short-term froth, preparing for the next upward move.

$BTC $ETH 's entire trend framework is based on this logic.