First bull flag played out well. But this time, many bull will be trapped like bear did. They gained a bit from the first bull flag broke out. Now they will be more confident to long the market. As I have been observing second bull flag tends to break down. In another scenario, people are still in Fear, Bear is still in disbelief and wants to revenge trade. They show all resistances above and shorts on resistances. They will get rekt again like Bull did when they try to long at support, Bitcoin continues to dump through support. NFA