The rebound target in my heart has been reached, and I have already liquidated my spot holdings. Personally, I think it will top out at 96,000; I won't hold onto the remaining. The daily chart is adjusting and consolidating. The weekly MACD has returned to the zero axis, which is quite good; it has rebounded by $20,000.
I won't take the last bite; 96,400 is the 0.618 position. The market is really different now with the buying power from U.S. stocks.
The valuations of these altcoins have been driven down very low. These new coins have very low valuations.
Switching from long to short takes time; it requires a process. Next time, let's give the main players a bit more time and patience. I hope we can do better next time.
