One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.
Only time which can decide in what trend bitcoin was. Because we know this pump still on short time and people actually can't decide it is on bull trend or not. Because trend means it keep increased until reach it's ATH.
If we will wait until it break it's ATH then we will be late for the accumulation.
The market is bullish but it doesn't mean it has to reach the ATH, whales are in the accumulation stage and if this is true, price would not go down anymore.
Volatility has long been the nature of Bitcoin. One of the basic strategies in investing is the process of buying a particular security and holding into it and potentially sell when price rises. No need to rush things, don't panic, it takes time for the market to recover. Stay patient and be positive. The market is starting to upsurge, trust its potential that it can get back on track at the course of time.
Honestly, we usually said patience is what is needed the most in crypto investment but 35% of cryptoneir are totally patience because the crypto market surge for days, the market are still speculated and wishing the trends stay alive but what everybody are saying is that the bull run market is back.
We need to face the the truth and like the OP said bull need time.
Mirakal, whales are not in accumulation now if they are the trend will increase simultaneously every day.