After 4 consecutive profitable BCH trades, there is still a short-term opportunity to short. The key point to observe is that this is currently just a technical rebound phase, not a trend reversal signal.

With the US and Chinese stock markets opening simultaneously next Monday, it is expected that related cryptocurrencies will remain under pressure. The rebound strength in the short term is limited, and the overall trend still points downward.

It is especially important to note that a rebound and a reversal are two different concepts — the former may serve as an entry point for shorting, while the latter is a sign of trend change. Before establishing a bottom structure, be cautious of any upward rally.