$BTC ended last week at $81,178, marking the first weekly close above the 50-week moving average since November 2025— the last time it happened was 45 weeks ago. On Monday, price pushed further to around $87,300, while clearing roughly $300 million in short-term short positions; derivatives open interest increased by about $2 billion from the breakout. Historically, analysts often interpret a weekly reclaim of the 50-week moving average as a signal confirming the bottom of a bear market. But this signal has a clear invalidation level: if the week of September 27 does not close back above $85,000, or if the price falls back below $78,786, then the September 20 breakout should be considered a false signal—and a substantial portion of the current rise has been built on leverage. So I won’t chase at this level; I’d rather wait for a pullback to confirm. The long positions you’re holding—are you willing to hold them through the close on September 27?