The current market rebound has reached a certain height, and everything below the trendline is considered a rebound. 1. $BTC is fluctuating between 87-85k, accumulating chips while waiting for short sellers to build up positions. Afterward, it will continue upward with a violent liquidation, breaking through the 89.2k resistance and returning above 90k. This scenario requires institutional large-scale buying to absorb the selling pressure in the market. 2. $BTC ends this rebound with 89.2k as the 4-hour resistance. Retail investors take profits, institutions take profits, and the lack of buying power leads to market consolidation and a slow decline, breaking below 85.2k. This would mark the end of the rebound and a return to the downward trend until it tests the 80k support again or even breaks below 80k. If we go by my thoughts, I think the first scenario is more likely. After profit-taking, when the market rebound seems hopeless, people will start shorting. After profiting, they won’t exit, and then a positive news event will come along to completely blow up the short positions . Once the market is ignited, new funds will enter. Just be patient—both bulls and bears have their reasons.