The current long position depends on the market being extremely desperate, and short squeezes are likely to occur. However, the bear market is not over. In the short term, dollar-cost averaging into long positions is the current trading direction. I don't believe the bear will be reversed. If the target level is reached, I may take a second long-term short position.
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The current long position depends on the market being extremely desperate, and short squeezes are likely to occur. However, the bear market is not over. In the short term, dollar-cost averaging into long positions is the current trading direction. I don't believe the bear will be reversed. If the target level is reached, I may take a second long-term short position.