When $BTC price bounces, short it! Don’t be scared or hesitant! It’s estimated there will be a small rebound over the weekend, with the high point below 68K, near the lower boundary of this ascending channel. Why short during a rebound? The quoted tweet below has already analyzed that Bitcoin has entered a mid-term weekly-level 5th wave downtrend. Any current rebound is just a dead cat bounce—time to decisively snipe the bulls. The price has already broken below the 48-day uptrend line, the MACD has formed a death cross at a high level, and ETF institutional funds are starting to show net outflows. All these bearish signals confirm that the mid-term downtrend is pretty much locked in. No need to panic—strike decisively when it’s time. Just manage your positions well and set your stop-loss levels properly.