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Shu Qin: Family, we did it! Bitcoin has come back to life, starting to rebound. Will it continue to rise? Where can we short? Come and take a look.
1. BTC can be said to have escaped from the gates of hell, finally stopping its decline and rebounding at 36,000, which is a very good signal. The short-term resistance is at 40,000; consider taking profits on long positions around this level. So the question is, can we short?
2. It's not that stable! I think shorting isn't urgent; Shu Qin prefers to short below a larger resistance at 53,000. The small resistance at 40,000 isn't very strong; I think it's more suitable for taking profits on long positions here. I'm not in a hurry to reverse and short, after all, we've already gained a lot from this rebound. Watching and holding a long position is fine. If it really drops, I might consider another rebound at 36,000.
3. As for the US stocks, SPCX is a relatively stable shorting target. When it rebounds to 190-200, short 10% of your position with 1x leverage, then add to the short near the previous high of 220. 1x leverage won't blow up the account; holding it will ultimately lead to significant profits.
4. We've already successfully shorted and taken profits four times before. This is the fifth time we’re deploying on SPCX, just waiting for Elon Musk fans to rally and then give them a heavy blow! Because this US stock will start a continuous large-scale unlock later, the ones panicking are not us with 1x shorts, but those retail traders chasing the high. As long as you don’t greedily increase your leverage, you can ultimately succeed.
5. As for Bitcoin long positions, we entered precisely at 36,000. Whether it’s the 1 million spot purchase I posted yesterday or the contract shown in the chart, Shu Qin has led everyone into the market. Even if you entered early, say at 36,300, you’ve already made a good profit now. Thanks for your trust. No surprises this wave; we will win again!