Recently, I’ve gained some fame in the crypto circle, but to be honest, this reputation may not be a good thing.

These days, PEPE’s position has been hit hard, but BCH has performed relatively well, at least not losing money. It’s all my fault; I swore never to touch clones again starting from this round.

In the previous market rally, we did catch the bottom, but the smart move was to exit early. Fortunately, I didn’t blindly call for short positions throughout the process; instead, I stuck to a low-level long strategy. Today, I finally opened a short position on BTC—just a short-term strategy. If I can make a profit, I will take it; if the market looks good, I’ll close the position.

Ideally, BTC would retrace to around 89,000, but don’t get your hopes up too high. Based on this rebound, positions above 96,000 are worth considering for short entries. From a cyclical perspective, this is just a rebound, not a reversal signal.

The advantage of contract trading is reflected here—there’s an opportunity to operate in both directions. If you only trade spot, this market move could make you vomit blood. All the preparations beforehand were wasted in five seconds.

The current rhythm still allows for waiting for a retracement to continue going long; it all depends on how well you can grasp the timing.