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BTC's current rebound is a short squeeze and shakeout in the bear market
The goal is to sweep out short-term liquidity
Similar to the 2022 bear market trend
Breaking previous highs to lure buyers in, then likely initiating a new major decline
Currently, the rebound is considered to have mostly played out
Entering the top zone
Still in the mid-term of the bear market
This round is the final dip of the bear market
The long-term target is below 60,000