Traders on Bitfinex are demonstrating increased confidence in Bitcoin, with margin long positions climbing to 80,636 BTC, the highest level in two and a half years. This surge comes as Bitcoin struggles below key technical resistance levels, currently priced around $76,000 after a 13% decline this year. Despite the downturn, leveraged traders are accumulating positions, with the latest data indicating a 1.5% increase in margin longs over recent days. Historically, high long positions on Bitfinex have often signaled contrarian market behavior, expanding during periods of weakness and contracting near market tops. Currently, Bitcoin is testing significant resistance levels, including the True Market Mean and the short-term holder realized price, both near $78,000. Above this, the 200-day moving average looms at just over $81,000, representing another critical barrier for bullish traders. As the broader market shows signs of volatility, the accumulation by Bitfinex traders suggests a potential rebound could be on the horizon.