The overall trend is bullish, and even on smaller timeframes, it's still bullish until early morning. After BTC broke above the 4-hour MA250, it signals the start of a bull market. However, note that it usually requires a 4-hour retest of the MA250 for confirmation. If it holds without breaking down (yellow box in the chart below), then the explosive rally begins. This is the usual rhythm of a bull market. Resistance at 117000. Flowers don’t all bloom on the same day, but in spring, they all bloom—as long as they’re alive!