The recent rebound is really worth discussing. 83,000 to 93,000, in between I reminded everyone to buy in my tweets (don't blame me for being a backseat driver, go check Twitter)

In 48 hours it rose over 11%+, and a bunch of people on Twitter are shouting that the bull market is back!

However, has anyone considered a question: Is this rebound being picked up by institutions? If it's institutions buying in, then we can continue to push hard, there's nothing to fear. But if retail investors are getting in, then this could just be a false rebound.

Think back to 2021, when Bitcoin dropped from over 60,000 to 30,000; at that time, the rebound reached 49,000, and everyone thought it had hit the bottom. What happened next? It plummeted directly to 16,000! At that time, institutions were selling, and everyone was following suit and buying heavily—who's the fool is clear to us.

Though there might still be some upward movement later, I wouldn't dare to bet on it. In the long run, prices are likely to gradually come down. However, no one in the crypto space can be completely right, and that's its charm; the great uncertainty is why so many people are willing to get involved.