The sentiment in the crypto market has improved slightly, but are whales about to lead a crash again?

Indeed, bear market rallies are just better opportunities to dump positions.
In summary, whether from macro, technical, or policy perspectives, we cannot determine that we have already exited the bear market. In short, none of these are sufficient to support a reversal in the market.

At this stage, patient dollar-cost averaging and maintaining a good mindset while consistently earning cash flow is the way to go.