- Bitcoin maintains rising structural waves that keep the trend positioned near potential new all-time highs.
- DeFi activity and strong network usage support steady market growth across broader and lower timeframes.
- Short-term charts show a rebound inside a descending channel with a projected path toward $106,000.
Bitcoin looks on track to set new all time highs again as the market shows steady upward movement across multiple timeframes. The long-term trend records recurring support reactions and controlled retracements, and the data shows sustained participation across spot and derivatives markets during recent sessions. Market activity stays firm while traders monitor key structural zones.
Rising Structure Signals Upward Continuation
The broader chart records a series of rising waves that form higher lows through each phase, and the structure shows recurring consolidation zones. The trend begins rising in late 2023, and it accelerates during early 2025 as the curve shifts into a strong vertical climb. The chart then forms a moderate pullback near mid-2025, and the market continues to preserve upward movement.
According to analysis prepared by Javon Marks, the trend moves through repeated corrections as each phase forms clearer expansions and rising trendlines. The latest section records a move toward a rising support line while price holds within an extended structure. Bitcoin trades near $95,708 and records a market cap of $1.988 trillion, according to data from DeFiLlama.
Bitcoin DeFi activity supports the broader trend as the network records $7.069 billion in TVL, and usage remains steady. Daily token incentives reach $82.84 million, and the system reports active participation through 599,175 addresses. Trading remains steady with $493,600 in DEX volume and $66.68 million in perpetual activity.
Short-Term Channel Movement and Rebound Signals
The lower-timeframe chart shows a controlled upward pattern that forms tight ranges and consistent interaction with support. Funding rates remain neutral to slightly positive, and futures turnover stays active during intraday cycles. Buyers respond at key zones, and the price continues to move along a rising channel that guides short-term movement.
According to an observation by Captain Faibik, Bitcoin trades inside a descending channel on the one-hour timeframe, and the chart records a rebound from its base. The structure shows lower highs across the range, and the latest swing moves toward the upper boundary with steady momentum.
The projected path shows a possible move through the descending trendline toward the marked $106,000 level. Market data shows controlled pullbacks and continuous inflows, and the trend remains constructive while the asset moves closer to earlier peaks.
