The market movement is basically following the script. This morning's decline was completely expected, and we smoothly hit two target levels. Have you caught up? Did you take profits? Why not?

Bitcoin's move is also a typical operation: a quick dip to shake out emotions, then a quick rebound back to the second target level I mentioned yesterday around 65,900. This round, whether in terms of strategy or level control, has been quite precise.

This downward test is essentially to check whether the bottom can hold, and also to clear out the leveraged retail traders from the weekend, cleaning out the weak hands before moving on to the next phase.

So, although the rebound is quite strong, don't panic, just hold on to the shorts.