The rebound has actually been quite strong—many assets have seen rebounds of 20–30%. What does that mean? When Bitcoin rises just a few percent, everyone gets excited. This is the shift from panicked suppression to an emotional surge, followed by a pullback as the momentum fades. Is it completely over? Personally, I think there’s still some fight left—so I expect short-term price action to oscillate rather than continue falling sharply. If there’s a decent low tomorrow, I’ll still buy to trade the bounce.
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