Recent market trends are quite interesting. Many people say it's a bear market, but when they turn around, they can't resist bottom fishing. However, the data on long-short ratio is right there, it can't be fooled.

Going long can also catch the rebound gains, but the problem is you don't know when a sudden spike will come. Just like a couple of days ago, Bitcoin hit around 87,500 in the early morning, and Ethereum reached 3020 dollars. At that time, those holding long positions probably are still trying to find their psychological balance.

In my opinion, the most reliable short-term strategy is to short on rebounds. Unless you can monitor the market 24/7 like a professional trader, chasing high longs is not very cost-effective. Instead of gambling on luck, it's better to wait for a spike to rebuild positions.

According to the current trend, if Bitcoin rebounds to around 91,600, and Ethereum surges to the 3180-3200 range, short positions still have a chance to continue. The market has no absolute right or wrong; only more probable choices.