In recent days, we have been saying that the Bitcoin rebound is an opportunity for shorts. Have you shorted during the Bitcoin rebound? The market has indeed retreated as expected, and the retracement space is very nice. It has been a smooth ride for shorts all the way down. Although last night the market surged rapidly, it still couldn't hold its ground and quickly fell back under pressure. Now, the bears have the upper hand, and the afternoon rebound continues to favor shorts!

From the 4-hour chart, we can see that the market is still maintaining a large range of fluctuations, ultimately diverging downward. The rebound highs are getting lower, and the declines continue to set new lows. The strength of the bulls is limited; it's still the bears' territory. Following the trend is easy, but going against it is chaotic. We have always said that rebounds provide opportunities for shorts, and it has indeed been powerful, leading to the expected decline, still under the control of the bears. The rebound continues to favor shorts!

In the afternoon, Lin Kun personally suggests shorting Bitcoin at a price rebound of 93350-93850, with a target looking down to the range of 91000-90500!