$BTC When above 80,000

It's no longer advisable to chase longs recklessly‼️
The profit and loss ratio is extremely unfavorable

Reviewing the market at this time point
This mid-year rally is only a technical rebound within a bear market
Not the start of a bull market

A significant pullback is likely to follow
From the risk level at these points, the 81,000-83k range is a strong resistance level
If chasing longs, the upward space is only about 3%
But the risk of a pullback is as high as 10%-30%
The profit and loss ratio is extremely unfavorable

The bottom opportunity may appear around the end of this year during the US midterm elections
At that time, there is hope to see the final bottom of this bear market
It would be an excellent entry point

The influencing logic is that the positive effects of US-Iran talks are about to run out
US high inflation makes rate cuts this year unlikely
The crypto market will have little improvement throughout the year

Only after rate cuts will the bull market truly start.