$BTC Bitcoin is showing strength in early 2026, but calling this a confirmed bull run is still premature.
From a market-structure perspective, BTC is doing something important: holding higher lows while volatility compresses. This usually signals accumulation, not distribution. However, price is still moving within a broad range, which means the market hasn’t committed yet.
What’s bullish: Strong spot demand compared to leverage ETFs and institutions absorbing sell pressure No panic selling during recent pullbacks What to watch closely: A clean breakout with volume, not a wick Funding rates staying neutral (no excessive leverage) Higher lows holding on pullbacks Historically, Bitcoin doesn’t always “dump before a bull run.” Sometimes the reset happens through time, not price — boring consolidations that frustrate late traders.
Conclusion: BTC looks structurally healthy, but confirmation comes only with sustained expansion, not hope. Patience and risk management matter more than predictions. Not financial advice. Always manage risk.