Volatility is not the enemy… it’s part of the process.
After a strong move, the market needs to cool down.
What we’re seeing now is a classic reset: - Price pulling back after extension - RSI reaching oversold levels and starting to recover - Open Interest flushing and rebuilding - Funding normalizing after extremes
This is how the market removes weak hands and prepares for the next move.
As long as key levels like EMA 21 and VWAP are reclaimed, this pullback can turn into continuation.
But until then, patience is key.
Smart money doesn’t chase… it waits.
Because in the end, the best moves come after the cleanup.
Bitcoin is showing strong bullish momentum on the 1-hour timeframe after a sharp expansion from the support zone.
Key observations from the chart:
• The market structure remains bullish (HH and HL) • Price broke key resistance levels and accelerated with impulsive candles • Currently price is around ~2% above the EMA 21 (1H) • If momentum continues, the next technical extension level could be near +4% above the EMA 21, around $75.5K
Historically, when $BTC extends 3–4% above the 1H EMA 21, the market tends to enter a short-term overextended zone, where we often see: