Many investors are expecting that this price rebound may continue to rise and never return to the bottom. However, we must be aware that the complexity and variability of the market should not be underestimated!

First of all, from a technical perspective, there are still a large number of locked-in positions. Are the dominant forces in the market willing to lend a hand to help these investors get out of the trap? The answer is probably not optimistic. Because the primary goal of the main funds is to make profits, they are likely to force those locked-in investors to cut their losses through constant fluctuations, thereby maximizing their own interests.

Looking back at past market trends, it is not difficult to find that repeated bottoming out is actually a very common phenomenon, and there may even be a second or even third bottom test.

In the face of the current drastic fluctuations in market sentiment, investors must remain calm and not be confused by short-term price rebounds and blindly follow suit. Therefore, we can conclude that Bitcoin will not soar directly to a high level, and a second or even a third bottoming out is entirely possible. $BTC