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BTC’s current slight rebound in this cycle is not a trend reversal.
It’s only a passive rise driven by short sellers taking profit.
It’s not fueled by genuine bullish momentum.
The mindset of “buying the dip after a big drop” has already stopped working.
The overall short-term bearish trend remains unchanged.
In the short term, it’s only weak sideways consolidation.
The subsequent 78,600 remains a key overhead pressure.
Only a valid breakout can keep the rebound going.
Otherwise, it will most likely face pressure, drop again, and return to a downtrend.
Right now, the rebound has no volume to support it.
There isn’t enough buy-side demand.
In essence, it’s just a technical correction.
Don’t blindly chase longs.