Bitcoin has been consolidating and building momentum since the end of the November decline. This recent strong rebound is truly not a coincidence, and the reversal phase is now entering its final confirmation stage.

From the daily chart, it is most likely forming a triangle consolidation pattern. We are just one key high point away from confirming the pattern. In the short term, bullish momentum is fully unleashed, and the upward trend is unstoppable. At least, another wave of accelerated rally is expected. If you are holding a short position, you should be patient and wait; do not rush to trade against the trend.

The 3250 to 3280 range is very critical, as it is a strong resistance zone along the upper boundary of the triangle. This area has repeatedly acted as a resistance and pullback point, making it the core pressure point of this rebound. If the price retraces to this zone and cannot hold, it will be the best opportunity to enter a short position. We will monitor the entry window in real-time.

The current advice is to continue following Bitcoin's trend. Long-term holders should remain confident and enjoy the benefits of the trend. Those who are currently out of the market can consider setting buy orders between 3100 and 3070, with targets around 3200 to 3280. After breaking through resistance levels, you can continue holding and wait for new highs.