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BTR has recently formed a classic bullish engulfing pattern on the 4-hour chart. The previous retracement bearish candle has been completely engulfed by the current large bullish candle. From a moving average perspective, the price continues to stay above EMA7 and EMA25, with multiple moving averages aligned in a bullish configuration, clearly indicating an overall upward trend.
Trading volume has also significantly increased, indicating rising capital participation. This combination of volume and price action often signals the continuation of the upward trend. The technical indicators show strong bullish signals, and it may be worth looking for long opportunities at support levels. The current price level already has some reference value.