A 4,000-point plunge! Is Bitcoin about to rebound? Can you still short? How should we trade crude oil—take a look now~

1. First, let’s talk about BTC. Over the past two days, it has dropped by as much as 4,000 points. It fell from resistance near 83,000 to the previous high-support area around 79.5万. With a rebound here, I’m not surprised. But can we still keep shorting?
2. The answer is: yes, you can short! However, it’s more stable to wait for it to rebound a bit more before shorting. Because next Thursday, Trump will visit China, and the crypto market may rebound before the visit. That would be the perfect opportunity for us to short again. Since there’s positive news from the China visit, can we go long?
3. Personally, I really don’t feel like going long, because BTC has been climbing for a full month—up 30%. Next week may have some positives, but the price just isn’t right. The risk is too high; if things go wrong, we could end up getting stuck near the top. So I’m not planning to go long. I intend to short when there’s a decent rebound, or when there’s a high point in the two days before the China visit.
4. Let’s get back to current operations then. We shorted at 825,000. Yesterday, Shuqin told everyone to take profit on half first around 795,000–800,000 to lock in part of the gains. If there’s a strong rebound, we can short again. If there’s no rebound and price keeps dropping, then that’s even better. This is how we do it in batches—press the advantage when possible, protect ourselves when needed—without chasing extremes. Honestly, if it weren’t for this China-visit tailwind, I would definitely be more aggressive with the short. But for now, we still need to be more conservative.
5. Also, for crude oil CLUSDT, we’ve done swing trading. We shorted at 104 and took half profit at 90. Then, as shown in the chart, Shuqin advised everyone to short again near resistance at 96 and close to 100 during the rebound. I entered at 97, lowering my average price to 99. Now oil is at 93, and I’m in solid profit—keep scalping the swings repeatedly~
6. So in crypto trading, never be too confident. If you have decent profits, remember to take some profits and leave yourself some room, because the market won’t move 100% according to what you want. Along the way, there could be developments like US-Iran negotiations, Trump’s China visit, or impacts from the US stock market—many things will go beyond expectations. So please take it one step at a time: only open positions at strong support and resistance, and make the most rational trades!