The bulls are not dead yet, but they have had their legs broken
Bitcoin's short-term bears have violently beaten the bulls, wildly collecting thousands of points, and the rebound is just a smokescreen; the main theme remains!
Currently, BTC is still firmly trapped in a downward channel, the MACD death cross continues to expand, and bearish sentiment is becoming increasingly excited as the bears kill more and more. The bulls attempt to counterattack, but it's like a fist hitting cotton, powerless to turn the tide.
Do you think there will still be a "life-saving rebound" in this wave?
Or should we continue to cut with the bears?