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Last night's short position was indeed good, capturing over a thousand points in profit in a short period. However, at this stage, caution is necessary as the market has entered a correction phase. From a technical perspective, the four-hour MACD death cross signal is very clear, indicating that the upward momentum is waning.
The key point to watch is whether the gap at 90500 can be filled. Honestly, the probability of filling this gap is quite high, but if you've already made some profit, it's better to take it quickly—greed is the easiest way to get reversed. The critical support levels are still at 89000 and 90500; once the price drops to these levels, be alert for potential rebounds.
The long-term strategy remains unchanged: it’s more stable to position for long positions at lower levels. In the short term, if the price retraces above 92000 with a strong rebound, you might consider shorting on a rebound. The bullish outlook depends on whether the 95000 level can be broken; a breakout could lead to further gains, but proper defense before that is crucial.
Overall strategy: Lightly enter long positions near 90500, with the target above at 95000.