This is another standard test. Currently, the price of $BTC has tested the upper yellow line of the 4-hour fluctuation channel again, and this is also the supply area of the previous high. Theoretically, a pullback is completely possible in the short term. Since the price failed to break through the yellow line in one go, the bullish market has actually not yet emerged from an accelerated upward trend. Instead, it remains in the original large range oscillation pattern!
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ASR-VC indicator 4h channel status update:
This is another standard test. Currently, the price of $BTC has tested the upper yellow line of the 4-hour fluctuation channel again, and this is also the supply area of the previous high. Theoretically, a pullback is completely possible in the short term.
Since the price failed to break through the yellow line in one go, the bullish market has actually not yet emerged from an accelerated upward trend. Instead, it remains in the original large range oscillation pattern!