#美联储恢复降息进程 I personally tend to be cautiously bearish on this wave of movement.

To conclude: looking for shorting opportunities during a rebound may be more reasonable than chasing longs.

There are three reasons. First, spot prices have surged nearly 2400% from the bottom range, which means that early holders in the mining community have very considerable profit margins, and selling pressure could appear at any time. Second, the situation in mining is not very optimistic—demand for equipment is decreasing while costs remain high, creating a logic similar to the previous hype surrounding FIL. Finally, from the market perspective, the intensity of capital involvement has clearly weakened, and prices are showing a pattern of 'slight increases followed by significant drops', which is a typical bear-dominated structure.

In such a market environment, it is actually more prudent to go with the trend. Don't stubbornly resist the direction, especially with such volatile assets. Of course, specific operations still need to be combined with your own risk control system; it's not just about mindlessly shorting.