The Bitcoin bull momentum has exhausted, and it's estimated to completely break below $58K as early as today, or at the latest, tomorrow or the day after! Once the price fully breaks below $58K on the 4-hour chart, there's a high probability it will quickly drop to the $54K-$55K range, or even near $52K. Then, as bottom-fishing buyers step in, the price will see a rebound. As for how high the rebound will go, we'll need to analyze the bull momentum and trading volume at that time. If you shorted Bitcoin around $61K, you can take partial profits in the $54K-$55K range. Just like drinking wine or eating a meal, take it one step at a time. For those who shorted around $60K, it's recommended to lock in profits and secure your gains. For shorts above $70K, you can continue to hold. Let’s verify together the accuracy of my analysis and predictions for this drop and rebound. Let’s witness the true bottoming of the bear market together!