The weekend's long and short strategy switch was relatively timely. After Ethereum broke through 2961 with a shallow loss, I shifted to short-term long positions. I shared this view in the square yesterday. After pausing the short positions from the interest rate cut at 3400, I hit 2961 this morning on the weekly chart, which I missed last night. I also posted this morning according to the plan for the switch, and today's opening with this large bullish candle moved very quickly.

The subsequent market situation is still quite complex. The main reason is that the mainstream coins are still heavily weighted, and retail short-selling sentiment isn't strong. Additionally, the rapid rise in the Asian market today isn't necessarily a good thing. Although the short-term long positions switched today from a market perspective, it's still early to say the bull market is back. I still maintain a significant bearish expectation for January, and my previous batch of altcoin short positions should also look for opportunities to take profits in January.

The monkey market is likely to continue for a while.