Bitcoin hits $60k, stop worrying!

Wang's opinion: Don't short in the short term; a long-term plunge is the real opportunity.

At this level, bulls and bears are arguing fiercely. Some say $60k is a solid bottom, while others are waiting to buy the dip at $40k. But my judgment is simple: at this level, it's not suitable to short.

The rebound looks like a double bottom, but it could actually be a trap. Without major news to trigger it, a quick break below isn't likely. The Japan rate hike, capital withdrawal, and risk asset correction will take at least one to two weeks to play out. During this period, bears will be repeatedly frustrated.

What if $60k really is the bottom? Shorting at the floor, when the main rally comes, you'll be too late to cry.

But on the other hand, if $60k is the bottom of this bear market, don't expect to make big money in the next bull run. Look at ETH's current behavior—since the price hasn't broken down and institutions haven't bought cheap, who will aggressively push the price up?

So my conclusion:

1. Short-term (this week)
Hold off, observe. If it rebounds near $65k, consider small short positions with a stop loss at $68k; if it directly breaks below $58k, follow the trend.
The Japan rate hike effect hasn't fully played out; expect volatility to repeat over the next two weeks. Shorting now will only get washed out.
2. Mid-term (within two weeks)
Wait for a clear direction. If $60k holds, the rebound space is limited; if it breaks, look at $55k or even lower.
Avoid trading in the middle range; wait for a volume breakout or breakdown before acting.

Don't move recklessly in the short term; be careful of being washed out. In the long run, a deep decline is the real opportunity—the harder the fall, the #TradFiCFD黄金大师赛 greater the future space.