Bitcoin is currently in a “uncertain but direction-seeking” phase. Sustaining above $69,000 suggests the market has absorbed the liquidity absorbed during its last decline and is now seeking to expand toward higher targets—particularly the dense stop/liquidity zone around $72K–$75K. Such gradual upward moves typically aren’t impulsive; instead, they unfold as “step-by-step liquidity absorption,” forming an expansion structure. Three overlapping wicks are not ideal, but the target remains the next blue zone above. We’ll wait and see.