This morning's wave of breaking bottom sell with bearish market has left the square in a wail.

To be honest, last night's rally was a typical trap for enticing long positions—many people originally held short positions, but they were scared out by this rebound and stopped out, immediately switching to chase long positions, only to get buried today. That's how the market is; emotions come and go quickly.

My judgment is simple: the trend hasn't changed, and increasing positions to short is the correct choice. Looking back now, that position was indeed a good entry point.

However, it may not be so exciting next. BTC, ETH, and SOL, the major cryptocurrencies, are likely entering a consolidation and repair phase, commonly known as a grinding market. The probability of a sharp fall in the short term is low, but don't expect an immediate V-shaped reversal—just be patient and wait, as the market needs time to digest emotions.

When trading, sometimes it's not about predicting every fluctuation, but about having the courage to take action at critical moments.