Bitmex

After sweeping the lower boundary, price is now reclaiming strength and pushing back into the structure. This shift hints at buyers stepping in aggressively from discount zones.

If price continues respecting the pattern and breaks above the upper resistance, it opens the door for a strong expansion toward the 140K region and potentially higher.

As long as the lower boundary holds, this structure favors continuation to the upside. The wider the swings, the stronger the breakout tends to be.