Recently, $BTC has shown strong rebound momentum. It is not advisable to hold short positions firmly. I have done a long-short hedge, expecting strong resistance around 63k;

According to the usual bear market pattern, this period should not be a direct rebound, but a slight rebound. There will be continuous oscillations, followed by a sudden attack decline, and then gradual capital accumulation, starting to go uphill;

The key turning point is roughly the correction of US stocks. Chip semiconductor stocks drop from ultra-high popularity back to their original value range (for future industries, there will basically be short-term overvaluation and long-term undervaluation, so the general trend is first a surge, then a decline, and then a long-term slow and winding upward movement, until a new NVDA is achieved in a few years).