Bitcoin Still Rising, but a Correction May Be Closer Than ExpectBitcoin / TetherUSBINANCE:BTCUSDTDomicChainaHello everyone, Bitcoin continues to maintain a clear bullish structure, consistently forming higher highs and higher lows since the 66,000–67,000 zone. Price is still trading above both the 34 EMA (red) and the 89 EMA (blue), with both moving averages sloping upward and widening their gap—indicating that the short-term trend remains intact. However, a closer look at recent price action suggests that momentum is beginning to slow as Bitcoin approaches the 75,000–76,000 resistance zone. Smaller candle bodies and frequent wicks are appearing, reflecting increasing selling pressure at this level. This is not an immediate reversal signal, but it does suggest that the market is entering a “supply testing” phase after a relatively steep rally. From a structural perspective, the 73,500–74,000 zone is acting as near-term support, aligning with the 34 EMA. As long as price holds above this area, the uptrend can remain valid, with potential for further expansion toward the 77,000–78,000 region. On the other hand, if this support is broken—especially with a move back below the 89 EMA around 71,500–72,000—the bullish structure would weaken, opening the door for consolidation or a deeper correction. On the macro side, according to major financial outlets like Bloomberg and Reuters, capital flows are gradually returning to risk assets as expectations around Federal Reserve interest rates stabilize. However, elevated bond yields and a still-resilient US dollar remain factors that could limit Bitcoin’s upside in the short term. What stands out is that while the market still has room to grow, it is no longer in the “easy rally” phase. Technical pullbacks, if they occur, may be necessary to rebalance before the next leg of the broader trend.