Is this BTC the calm before the big storm?

Bitcoin is extending its recovery, but the market is now approaching a technical decision point. After holding the $60,000 area and making a series of lows, BTC will return to $70,000, where the short-term momentum will improve. However, the broader structure has not been fully addressed, which means that this move is best viewed as a resistance test until proven otherwise.

Bitcoin Price Analysis: Daily Chart

On the daily chart, Bitcoin continues to trade below the 100-day and 200-day moving averages, cautiously maintaining an uptrend. The price is also sitting within a broader bearish structure, although the recent pullback is clearly improved compared to the panic selling seen near the February lows.

A key level to watch remains the $75,000-$80,000 resistance area, which previously acted as support before turning into support. As long as BTC remains below this zone, a wider move can be interpreted as a recovery in a larger correction phase. On the downside, the $60,000 to $62,000 area remains a key support base and is the level that buyers need to defend to maintain the current recovery structure.

4-hour BTC/USDT chart

The 4-hour chart looks stronger. Bitcoin is rising in an ascending channel, and the price is again pressing the upper boundary of this formation. The market is now trading around $71,000 to $72,000 and the RSI is also consolidating near the upper half of its range, reflecting an improvement in short-term momentum.

That said, BTC is nearing the confluence zone where the channel resistance meets the horizontal supply around $73,000 to $75,000. This makes the current field particularly important. A clean rejection above would lead to a continuation of higher resistance, while another rejection could push the price back to the middle or lower end of the channel and keep the market in a consolidation mode.

Chain analysis

The picture on the chain adds a creative tone. The average order size chart shows that recent activity is still mostly driven by larger participants from aggressive retail behavior. Historically, this kind of background is healthier than a move led by small euphoric buyers, as it suggests that strong hands are still active, even when prices are trading below their highs.

At the moment, the chart is not showing the kind of broad retail frenzy that is usually associated with late phase shock conditions. From a practical point of view, this means that current recovery is still relatively controllable from the point of view of participation in the chain. So, while Bitcoin is facing an important technical resistance zone on the charts, the order size data shows that the market has not yet entered an overheated phase.