Analysts: Bitcoin's current rebound is quite weak, increasing the probability of it hitting new lows.

Crypto analyst Banmu Xia posted on Weibo that Bitcoin's current rebound is quite weak, increasing the probability of it hitting new lows. However, $85,000 remains a good long-term entry point. He reiterated that the market will be very complex over the next three to four months, and only spot trading can avoid unnecessary losses and the feeling of missing out. The real opportunity for long positions will come after this bear market has completely ended.