Everyone shouldn't be too optimistic about the bulls. Although there have been multiple rebounds from the bottom in the short term, and the strength and speed of the rebounds are quite fast.

However, from a broader perspective, looking at the overall Bitcoin and Ethereum daily charts, the daily candlestick closes have basically formed candlesticks with long shadows. Such candlesticks, especially at the top, are actually quite common signals of a market top, indicating that a market top signal has already appeared in the short term. Even if the bottom rebounds strongly and significantly, it's likely just an illusion.

Of course, there is room for rebounds at the top, as it has risen for so long. It is not easy for the market to fall suddenly. Therefore, in the short term, for spot trading, people can consider bottom-fishing for a few stronger coins, similar to SOL and BNB outside of mainstream coins, as these two have performed relatively well. Additionally, in terms of contracts, I prefer to continue shorting near the top, because after reaching the peak, even if it rises, it is very difficult to break new highs within 1-2 days.

Top pressure shorting reference: 89500, 87800

Bottom support reference: 85000, 82000