Personally, I still think it's mainly bearish. This recent rebound is only temporary and won't last long. Currently, there are a lot of short positions being liquidated around 90k. It's inevitable that we will break below 90k to liquidate these shorts. That's why I submitted my analysis, drawing the lines for everyone. 93,800 has become the most obvious resistance level on a larger timeframe.

Moreover, there are more trapped positions above.

In this situation, there is no reason to chase prices higher. The problem is that it has already risen significantly, so one should avoid frequently changing strategies to chase gains and cut losses. Next, there will likely be a waterfall decline; the rest is up to time. For long-term positioning, enter around 91,000, with a risk control of 3,000 points.

I shouldn't have to say much about the altcoins; I'm very optimistic about a target below 1,300. Therefore, shorts must be entered. Remember to enter in batches and manage your positions reasonably. Wait for my notification to take profits on long positions.