Look carefully at the chart below.
Yes — that’s a strong move for in a short time.
Going from $65,000 → $78,000 in ~10 days is roughly a 20% increase, which is significant even for crypto. Moves like this usually happen when several factors align:
Strong buying momentum (FOMO kicking in)
Positive news or institutional demand
Liquidations of short positions (forcing price higher)
Overall bullish market sentiment
But here’s the important part:
A rapid rise like this often leads to volatility right after.
That means:
Price can continue pumping (trend continuation)
Or see a pullback/correction before the next move
If you're thinking about trading this:
Chasing after a big pump is risky
Waiting for a pullback or consolidation is usually safer
Watch key psychological levels like $80K
If you want, I can break down whether this looks like a continuation move or a possible correction setup based on current market structure.