Breakout from Compression – New Momentum or Just a Rebound?Bitcoin / USDBINANCE:BTCUSDDomicChainaHello everyone, Looking at the H4 chart of Bitcoin, the market is showing a clear structural shift after a prolonged consolidation phase. Price has rebounded strongly from the 66,000 area and is now trading above both EMA 34 (red) and EMA 89 (blue), suggesting that short-term buying pressure is regaining control. A key highlight is that the recent breakout came with rising volume, signaling that capital is flowing back into the market. EMA 34 has crossed above EMA 89, confirming a short-term bullish signal. At the same time, the slope of both EMAs is expanding upward, indicating that bullish momentum is strengthening. However, a closer look shows that the 72,500–73,500 zone is acting as short-term resistance. Recent candles are printing upper wicks, suggesting that profit-taking pressure is beginning to emerge as price enters a prior supply area. This makes the current structure more of a “breakout, but not fully clean” scenario. From a macro perspective, the return of risk appetite may be linked to expectations of a less aggressive stance from the Federal Reserve. However, this shift is not yet strong enough to immediately support a sustained uptrend. As a result, the current rally may require a consolidation phase before any further expansion. A reasonable scenario here is a potential retest of the 69,000–70,000 zone (where EMA 34 and 89 converge) to validate demand. If this area holds, the short-term uptrend remains intact with room for further upside. On the other hand, a breakdown below this zone could push the market back into a broader range or even trigger a deeper correction. Overall, Bitcoin is showing more constructive signals compared to the previous phase, but confirming a clear uptrend will still require time and stronger participation from market flows. What’s your take—do you see this as a reliable breakout, or just another rebound within a larger trend?