Analyst Doctor Profit analyzed, "The current Bitcoin (BTC) rebound is a bull trap (fake rise), and the $82,000-$85,000 price range is the optimal zone for building short positions." He explained, "The current rise is merely a technical rebound, and the mid-$80,000 range is likely to be a local high. Similar to the strategy of building short positions around $120,000 last year, I am again adding 10% of my funds to short positions daily in this price range. Market sentiment may become extremely optimistic in the coming days to weeks, but a significant drop is highly likely to follow, and in the long term, we could see prices below $50,000."
