Recent trading strategy notes: 1. Bitcoin rebound (optional) (Figure 1) 1) 0.382 is a common rebound point; 2) 0.5-0.618 are rebound points that trouble the bears; 3) Further up, it's purely a point where the market plays tricks (this oscillation range often hits 0.786); 2. Short positions after the rebound (Figure 2) 1) Still waiting for the wave pattern, waiting for the structure to complete. 2) The decline since 76000 is a motive wave, so it must be followed by at least one more motive wave. The strength of the first wave is quite good (close to 10000 points), and we need to look at the ratio between the second and first motive waves. If it exceeds 1:1, then it will break the previous low, and breaking the previous low may lead to another motive wave; 3. $CRCL (gaps and important consolidation areas marked in Figure 3) 1) Due to the previous surge, it is still in a phase of fervent belief that hasn't cooled down, so it's hard to tell how this market maker wants to play; 2) If the S&P and Nasdaq completely fall apart, then I think this stock could take a hit on the believers during this period; 3) If it stays above 120 for a long time without dropping, when it does drop, it will definitely force those who bought above 120 to stop-loss; if it can reach the gap at 103-104, we can see the situation (unless it doesn't reach, if it really does, a very obvious place may not necessarily be the bottom), then it will be a good time to pick up cheap. 4. Gold (rebound resistance at over 4700) 1) I just compared, and I don't really want to trade silver (it's been unpleasant); 2) For gold, the levels are unclear. I feel that if I have to choose between Bitcoin and gold, I would rather trade Bitcoin because Bitcoin is a motive wave, while gold is a corrective wave. The corrective wave can go any way, and the rebound height is uncertain, while the motive wave has a determined height.