Has Bitcoin stopped falling? Is there going to be a big rebound? How to operate with Ethereum, hurry up and check with Ben Qin!

As shown in the figure, Bitcoin currently shows signs of a potential reversal, but this has not yet been confirmed, as the current trend still features lower highs and lower lows. If BTC can rebound above the previous peak of 119,200, the reversal signal will become clearer. Once it pulls back a bit afterwards, we can go long, which is a more stable approach.
Overall, Bitcoin's second bottom test seems to be slightly inadequate. If this pullback reaches 103,000 or below, I think it would be a clearer signal to go long. However, the spike on October 11th was too fierce, and the prices on many exchanges differ, which has led to controversy regarding the second bottom. We can raise the bottom buying point and see if we can test it again.
Personally, I am not in a hurry. As we discussed earlier, it's better to wait for Bitcoin to confirm strong signals, or to see it test the bottom again; these two positions are good opportunities to exit. For a short position, there is some resistance around 118,200 for Bitcoin, so you could short one lot to play around, take a pullback, and the odds are quite good.
Ethereum, on the other hand, is stronger, with large buy orders around the 3600 to 3700 range. If ETH pulls back, I prefer to go long on ETH around this area as its momentum is stronger than BTC's. For shorting, I would choose to short BTC at the resistance level. Our low-leverage long-term short plan has been very successful, with Shuqin making a profit of several tens of thousands of U, and for short-term trading, I am also guiding everyone in real-time to place orders every day. ^-^