Just saw an analyst discussing Bitcoin's technical outlook, quite interesting. According to his observation, BTC has accumulated a lot of energy below a key resistance level recently, and a bullish crossover signal has been confirmed on the daily chart. He believes that once it breaks above the $78,400 weekly close point, the upward momentum will become even clearer.

I noticed that several details he mentioned seem quite reasonable. Bitcoin's current consolidation phase is indeed somewhat rare, but historically, after each halving, there has been a similar buildup phase before a breakout. Since the halving in April 2024, the market structure appears to be accumulating positions. The crypto market has also attracted many institutional investors lately, and the regulatory environment is much clearer than before.

Interestingly, he pointed out that if BTC is quickly rejected at $80K , it should be a warning sign, indicating a bearish signal. But according to the latest data, Bitcoin has already surpassed $80.22k, up 0.93% in 24 hours. So, the key resistance predicted in this wave has actually been broken. The next step is to see if it can hold this level and push toward higher targets.

If this rally materializes, the entire crypto ecosystem could start moving. Mainstream projects like Ethereum and Solana usually follow Bitcoin's rhythm, especially during strong upward moves. The total market capitalization might even break through $3 trillion. Of course, risks still exist—regulatory changes or market sentiment reversals could alter the situation. Traders should remain cautious and manage risks carefully.