BTC Bitcoin's smaller time-frame cycle is starting to face pressure and pull back again. The later we are in the bear market, the worse the continuity gets. The 'three steps forward, two steps back' trend is especially unfriendly to long positions. This reminds me of the rally in early April—went long for a month, but didn’t really make much money in the end. If the uptrend breaks here, I’ll consider exiting my long positions. The longer I trade, the more I feel that our profits come from the market's rewards, not from frequent daily high-selling and low-buying.