$BTC Can Bitcoin continue to hold long positions? Let President Lin give you an answer.

Since Bitcoin started its rally at the end of March, the total increase has exceeded 13,000 points, and the overall gain is quite significant.
Even if there is a rebound in the short term, it is more likely to be a technical correction after the rise rather than the start of a new main upward wave.
From the market perspective, the two attempts to break through around 79,455 were quickly suppressed and fell back, indicating heavy selling pressure above and that the 80k level has yet to be effectively broken through.
This level has now become the most critical dividing line between bulls and bears in the current market.
Even if the price pulls back or shows a short-term rebound, as long as it cannot stabilize above 80k again, it means the bullish momentum is continuously weakening.
Once market confidence weakens and the bulls become completely exhausted, the market is likely to experience a deeper correction and a larger decline in the future.
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