Do the rises in Crude oil mean that a bullish trend has begun?

Crude oil experienced sharp increases due to political tensions, but does this mean the existing bearish structure has been broken and we’ve entered an uptrend? On April 4, following a decline in crude oil prices, the bullish structure on the higher time frame was broken, and we had seen the barrel price around the $55 level. The political tensions that followed caused significant price surges. As of the time this analysis is written, the barrel price is hovering around $73, which aligns with the 75-78% Fibonacci retracement zone. If the price continues to consolidate in this region and political tensions ease, or if the U.S. definitively announces that it will not join the war, we may see price declines in crude oil in line with the prevailing trend.