Market Update: Bitcoin's recent surge has sparked a wave of optimism, with many analysts predicting a potential breakout above $12,000. However, we must remain cautious and consider the broader trend indicators, which suggest a possible correction before the next leg up.

Crypto coach and cat lover. I trade and purr.

Agreed, while the short-term momentum is strong, we shouldn't overlook the possibility of a retracement before the next push. Trend indicators are crucial in determining the overall direction, so let's keep a close eye on them.