Watching Bitcoin form a large bullish candle on the 4-hour chart, market discussions are everywhere. But have you ever thought that this might be a carefully orchestrated trap? This bullish candle is indeed beautiful. The price stabilizes around 88,945.8, MACD is above the zero line with a golden cross, and RSI hasn't entered overbought territory. From the candlestick pattern, it's clearly an upward channel. Many people see this and want to jump in.

But the issue isn't that simple. From a long-term perspective, Bitcoin has increased by 277 times over the past 10 years, far surpassing gold and silver. The logic of the Federal Reserve's liquidity injections and dollar depreciation also stands, which is indeed favorable for scarce assets. Some industry analysts are also optimistic about this direction.

But all of this is long-term. Look at 2025, when precious metals are soaring wildly, Bitcoin shows little movement. What does this indicate? Capital rotation. The market won't be foolish enough to only focus on one direction forever. Some counter that Bitcoin's bubble is too big, and while that sounds harsh, this perspective is worth considering—because the recent performance over the past few years is what new entrants should be most concerned about.

Now, let's look at the technical details. The price has now touched the upper band of the Bollinger Bands, which is interesting. In technical analysis, when the price hits the upper band, it usually means short-term momentum is running out, and a correction may be imminent. Although MACD is still in a golden cross, we should watch out for when it might die cross.

The faster the rise, the more you should consider how much room there is for a decline.