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If you haven't taken a long position at the bottom, chasing longs now is no longer profitable; the risk-reward ratio is no longer favorable, and it's easy to catch the quick fall after the final rally. It is recommended to go short at high levels. Currently, it's just a rebound correction within a downtrend, not a new bullish reversal, and the short-term rally has already completed most of its move.
Don't be afraid of missing the market in the chat group; an unsuitable entry point inherently means the risk outweighs the reward.
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