BTC has recovered well after the recent pullback, showing renewed strength. The bounce confirms that buyers are still in control, and as long as the momentum holds, the structure remains bullish. Short-term, things are looking good for another push higher.
BTC is now sitting at a key level where a turnaround is likely. With liquidity positioned above, a move higher could trigger further liquidations, fueling upward momentum. If price continues to grind up, it could accelerate quickly as shorts get squeezed.