"There is no wave that rises all at once." Bitcoin has worn us out for 76 days, fluctuating up and down after falling from 109K.
On April 7, it reached 74,508 USDT, then continued to break and hold previous order blocks (OBs), eventually climbing to 96,926 USDT.
While everyone is cheering right now, this is exactly when we must pause and ask ourselves:
"Will Bitcoin really break to a new all-time high in a single move?"
You must be able to answer this question.
Of course, it would be great if BTC could break 109K by overcoming previously formed OBs, flips, and weak OB zones—but deep down, you probably suspect it won't be that simple.
So, what should we do?
We must be prepared.
Yes, the trend may continue and Bitcoin might reach new highs.
But if that doesn't happen, and you’re not holding a position from much lower levels, you could get hurt—badly.
That’s why the more recent your entry, the more you should prepare for a correction.
BTC has risen sharply, and it didn’t climb this far without a break. So why might a correction be on the horizon?
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1. Declining Volume
Look at the 4-hour volume chart.
Volume has been steadily decreasing for several days.
Investor sentiment isn’t reflected in the size of the candlestick wave—it’s shown in volume.
If Bitcoin wants to continue its upward push from here, it will need a significant surge in volume—which seems unlikely for now.
It may be healthier to pull back first before attempting another rally.
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2. We're Entering a Strong Resistance Zone
Several previous OBs and flip zones lie just ahead.
These are perfect spots to encounter resistance.
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3. The Trend Is Still Intact… For Now
So far, we haven’t broken below key lows and the price continues to climb.
But if BTC breaks below the recent lows at 91K, 92K, or 93K, sentiment will shift.
People will begin to take profits en masse, likely triggering a sharp correction.
On the flip side, if those levels hold, Bitcoin could resume its uptrend without breaking down.
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Can Bitcoin correct and still go higher?
Yes, I believe it can.
Look at the volume that formed around the previous bottom at 74,508 USDT—it far exceeds the current upward volume.
This means there’s still buying power left in the market, and another leg up is possible.
After all, big players need to take profits too, don’t they?
But current volume levels are nowhere near enough to digest the demand seen at the bottom.
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So where might the correction begin?
I believe the current level (around 97,424 USDT) is a perfectly valid point for a pullback.
That said, 98,600 USDT is also a good potential resistance level—
We could see a squeeze there. (Note: this does not mean price must fall from there.)
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How far might we pull back?
I'm watching the 84,300 \~ 85,700 USDT zone closely.
Of course, the retracement could be deeper.
I’ll continue monitoring the waves down and update my view accordingly.
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In the worst-case scenario,
we may need to revisit the 72K\~73K USDT area.
But I’ll talk more about that in a future update.
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