The current market structure clearly shows a healthy rhythm of trend accumulation. The four-hour level did not experience panic selling after the peak, but instead gently consolidated along the middle Bollinger band with a series of small bearish candles. This pattern is a typical healthy digestion of profit-taking in a bullish trend—the market gradually alleviates short-term pressure by exchanging time for space, releasing overbought momentum without disrupting the overall upward channel.

It is particularly noteworthy that the price has consistently relied on the middle band support during fluctuations, and the pullback magnitude is gradually converging, indicating a clear sign of exhaustion in bearish selling pressure. This often means that market sentiment is quietly shifting from indecisive fluctuations to bullish dominance, with each pullback during the session viewed as a technical adjustment in the continuation of the trend rather than a trend reversal.

Although the one-hour level has not yet effectively broken through the key resistance at 90000, the trend of "Mianyang upward" has indicated that buying pressure is steadily accumulating momentum. The price lows are gradually rising, showing strong support below, and the bulls have not retreated but are patiently building strength at the key level.

From an operational perspective, a bullish bias can be maintained:

If the price stabilizes above 90000 with volume, it can be seen as the start of a new offensive, allowing for follow-up positioning; if there is another short-term pullback to stabilize at the middle band or the previous low support area, it is also a good entry opportunity in the trend. Patience is required near key positions, with strict risk control. Overall, the market has gradually completed a bottoming phase, and the bullish pattern is expected to continue after this accumulation of strength. #美联储降息 $BTC