The higher Bitcoin bounces, the greater the risk! Don’t chase long positions for mid-term trades—stick to quick in-and-out moves for short-term trades! The bulls won’t give up until they test the strong resistance level near $80K. As long as the rebound continues, the main bear forces won’t step in. So, there’s a high probability that Bitcoin will still test the $80K area, maybe even spike up to around $82K. No need to rush into setting up mid-term short positions right now. If the main bear forces aren’t stepping in, I won’t go short either. For mid-term trades, I only go for clear opportunities and trending markets.