BTC here is absolutely not a dead cat bounce

1. There is no dead cat; it hasn't broken 75k, and the long-term cycle hasn't broken down. Over 90% of the indicators do not support that we are already in a bear market; we haven't even hit 75k, let alone now.

2. The intensity is high; how can there be a dead cat bounce when we are close to ATH?

So at least, this is the strong intensity of a top divergence bull market.

So we are still very far from a bear market; we first need to finish this wave of bullish movement.

The peak could be around 104-somewhat unclear, then drop to break support around 80k?, and then get rejected before it can be a complete bear market.

So even if we enter a bear market, the most conservative estimate is at least half a year or more.

It seems to align more and more with the original cycle theory, just that the arrival of the ETF has brought it forward.