Recently observing Bitcoin's trend, I found an interesting phenomenon.

Although the large-cycle systematic trend has not yet fully unfolded, the price performance over the past few weeks has already revealed some subtle signal changes. Especially, this recent rebound has lasted longer, and the subsequent correction has been quite decisive. Compared to the fragmented volatility of the previous two weeks, the current price action is noticeably more coherent—what does this shift mean? It indicates that volatility is quietly expanding, and the resilience of oscillations is strengthening.

Simply put, we are still in a range-bound consolidation phase, and key levels have not been effectively broken through. But the feeling is that the market's "building-up" sense is increasing. Looking back in a few weeks, you'll notice that starting from this week, the amplitude of price fluctuations has indeed been increasing month by month.

When the volatility becomes so large that the range cannot contain it, that will be the true trend initiation.

At present, Bitcoin has already released a lot of pressure during this correction, and the price is just near the middle band of the 4-hour channel. If this support holds, the probability of a rebound is higher; otherwise, a reassessment is needed. Overall, this upcoming period is a good time for observation.