Recently, most people in the market believe that a bull run is about to return, and BTC is also rising along with market sentiment. However, I personally don’t agree with this claim. The US dollar has indeed been strong recently, but that strength is happening in the context of the US–Iran conflict: energy prices have been pushed up, inflation has rebounded, and this has led to the dollar’s strength. Right now, the US and Iran are again sitting at the negotiating table. And from a technical perspective, on the four-hour timeframe, the MACD top divergence has not only failed to play out and come out of the adjustment phase—on the contrary, when a top divergence appears, the market is lifted on the top divergence. It’s always been like a sword hanging over your head. The resistance at 6.72 is also a hurdle. Only if the pressure at 6.72 is strongly and effectively broken through to the upside, and the MACD top divergence is “pulled upward” to drive the move higher, then I will change my way of thinking and turn bullish!$BTC ‌