The market repeatedly forms gates; after a quick rally 📈, a quick decline forms gates 📉, which is a test for the bulls and also a temptation for the bears ⚠️

Familiar trend, repeated low-level gates, is the most direct view everyone has on the current market recently.
This is a standard pattern of bullish accumulation, especially in my years of trading BTC, I have particularly found that this repeated low-level gate pattern is especially important for subsequent bullish one-way moves.
At such positions, retail investors find both longs and shorts profitable, while long-term holders of the bulls start to feel uneasy due to repeated profit-taking, sometimes even hitting stop-losses—either floating losses on longs or being stopped out.
So I can almost give an answer: the bullish trend has basically entered the accumulation stage, and what needs to be watched now is whether there will be another big decline to clear all the anti-positioners before the rally resumes.

As mentioned before, the bulls' positions here are either stopped out or some anti-positioners still remain (of course, our 89,500 long positions are still floating profits, as they were opened at the lowest point of the market), so whether the market will give a dip 📉 to clear all anti-positioners before rising again has become the most critical issue in current trading.
Bulls can enter with stop-losses; for so-called pseudo-trend traders, those using low leverage without stop-losses and anti-positioners, don’t be stubborn. If the decision is made to clear your positions, the decline can wipe out more than 80% of your holdings. Whether you have them or not, you can judge for yourself.
In one sentence: longs can be taken with stop-losses; shorts are not recommended before breaking below the 89,500 support. After breaking, observe.