Bitcoin is definitely not a dead cat bounce; the bull market is still on the way!

Bitcoin has not fallen below 75K, and there are no bearish signals; a dead cat bounce simply does not exist! The current rally is strong, approaching historical highs, and this is the real bull market divergence.

The bear market is still a long way off; let's first complete this wave of bullish momentum, with a target high around 104K. After that, it may retrace to the 80K support, then face rejection before it marks the start of a bear market.

Even if we enter a bear market, it will last at least six months or more; the market rhythm is gradually fulfilling the cyclical theory, but the ETF has ignited the market ahead of time!