Bear markets often see sharp rises, and with such poor liquidity in the cryptocurrency world and so many shorts, it’s normal to see crazy short squeezes. As a smart short seller, the goal is to aggressively short at high points until the bulls are defeated.

If you want to eat the bottom as a bull, you must keep making bottoms and continuously push for new lows.

I do sound quite dark when I say this, but the reasoning is like this: as a short seller, ammunition is the most important.