. When $BTC is above 80,000,

we no longer recommend taking risks to chase more longs‼️
The profit-to-loss ratio is extremely unfavorable.
Review the market around this time point.
This mid-year rally is only a technical rebound within a bear market,
not the start of a bull market.
A sizable pullback is likely to follow next.
From the risk at these price levels, the 81,000–83,000 range is a strong resistance zone.
If you chase longs, the upside room is only about 3%,
but the risk of a pullback is as high as 10%–30%.
The profit-to-loss ratio is extremely unfavorable.
And the timing for the bottom may appear around the end of this year during the US midterm elections.
At that time, there is hope to see the final bottom of this bear market.
That would be an excellent opportunity to get in.
The driving logic is that the market-positive news from US-Iran talks is about to run out.
Due to high inflation in the US, rate cuts this year are unlikely.
The crypto market is unlikely to see any real improvement throughout the year.
Only after rate cuts will the bull market truly start.