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Looking at previous bear market cycles, this rebound indeed hasn't ended, but its strength is really weak. The daily chart needs to break above the zero line, and the RSI must rise higher than the wave in December last year to have data support. Currently, it's basically flat, which is not very optimistic. According to technical patterns, the reasonable range for this rebound is between 3300 and 3500.
To be honest, I advise everyone not to blindly go long. The rebound is almost at the end, and the short-term gain of one or two hundred points carries too much risk and could easily trap you at the top. If you still hold spot holdings, consider exiting above 3300.
From a larger cycle perspective, the weekly and monthly charts are all bearish patterns, with moving averages arranged chaotically and death crosses crossing the zero line. Bitcoin's support levels have been easily broken, and the overall rebound strength is actually quite weak. My judgment is that this wave is mainly a oversold rebound of altcoins, which has temporarily pulled Bitcoin up, so the high point of Bitcoin in this round won't be very high.
The online rumors of 100,000 or 110,000? Forget it. I think 96,000 is already the ceiling, whether it can be reached is another story. Conversely, breaking below 80,000 and even rushing towards 60,000 is very likely to happen this year. Institutions and big whales have already sold out, so why would they push the price back to the crazy buying range from earlier? Logically, it simply doesn't make sense.