Recently, this round of rise has indeed caught many frens off guard. For those who missed out, there's no need to feel too regretful; for those who have already entered a position, they should not overestimate themselves. Instead of making blind guesses, it's better to see what the technical aspects are saying.

Looking at the daily chart, three consecutive bullish candles have supported this rise. This is not a superficial increase, but a solid pace of gradual ascent. The price has already reached near the middle line of the Bollinger Bands, indicating that the upward momentum is still in the accumulation phase. Are there signs of bullish momentum exhaustion? From the structure of the trend, I haven't seen any signs yet. The upper pressure zone is relatively sparse, which means there is ample room for further ascent.

Switch the timeline to a 4-hour period, and the scene becomes more interesting. The rising channel is very smooth, and every plunge is immediately supported, with pullbacks quickly turning into entry opportunities. What does this reflect? The bullish consensus in the market is quite solid, and the support level seems to be welded in place.

Looking again at the performance on the hourly chart, the bears basically have no breathing space. Even if a small bearish candle appears occasionally, it is quickly engulfed by the next one. This strong interlinkage across multiple timeframes essentially indicates one thing – both institutional and retail investors' willingness to enter a position is being released.