Although the upward movement in the short term is not very friendly to long positions, the shorts are basically looking bearish again at 85,000, 80,000, 77,000, etc. However, since the breakthrough of 11.5 million in the US election, the 90,000 mark has not been effectively broken, which is a major psychological barrier in the market. In general, for short-term contracts, it is necessary to prepare to catch the bottom around 93,300-91,555, and there is no need to chase short positions at a low level without breaking important support levels in advance to 85,000-77,000. If it is true as the shorts analysts say, the Bull Market will no longer exist.

Every time there is a pullback, buying the dip is like climbing stairs, the higher you climb, the more tired you get, it's like flying against the wind. But in the Bull Market cycle, even if you are sometimes stopped out in the short term, you should still try to think mainly in long positions. The road ahead is full of thorns, but we never retreat.