7.4 Morning 5:30

Analysis:
The market has broken out of an hourly-level uptrend. It can now be confirmed that a daily-level rebound is underway, which has lasted for 8 days. Based on the time cycle, it is likely to continue for another 4 to 6 days, either going up or consolidating. The probability of a direct drop is almost zero. The more comfortable shorting was a while ago, the more painful it is now. This is a classic short squeeze. When shorting, you must set a stop-loss, otherwise you may end up shorting halfway up. (Chasing longs is the most dangerous; I personally do not recommend it.)
Personal opinion: I am bearish. I will continue to try to pick the top, and I will not take any long positions. I believe this is just a rebound, and I see no reversal. Sustained straight-line rallies are usually impossible to maintain for long. As I always say: what goes up must come down! @Gate_Square