These days, the market has rebounded, and the comment section is once again becoming lively, with talks of a super bull market and opportunities coming. It’s starting to wear me out a bit.

To be honest, from a longer-term perspective, we are still within a bear market framework. Don’t be fooled by a few days of gains.

Currently, there are two types of traders competing: those shorting are taking some hits, but as long as they can hold on, they are likely to profit in the future. The longers, especially those chasing the high, I have to tell you all, once this rebound ends, BTC could very well break below $80,000. Just think about the consequences of that.

Rather than being carried away by each wave of rebound emotions, it’s better to see the cycle’s essence clearly. The current position is a contest of who can hold on.