#数字货币市场洞察 The recent market action makes me increasingly convinced it's time to go short. This isn't just talk—there are several reasons for it:

The rate cut news has been fully digested by the market. The current prices already have all expectations priced in. When the policy actually lands, it might just be the classic "buy the rumor, sell the news" scenario.

On the technical side, the daily rebound got stuck right at the 30-day moving average. The recent push to around 94,100 was mainly propped up by exchange news and short-term speculation. Essentially, this rebound is weak and structurally fragile.

Looking at global policy trends, Japan's rate cut narrative has already been played out. If this continues to develop, it might trigger selling pressure as expectations are realized, giving bears an opportunity to exert force.

Zooming out, the four-year crypto cycle remains intact. If this pattern holds, a bear phase is likely around 2026. When the macro trend is down, no matter how strong the rebound, the lows will keep getting lower.

As for US stocks, they're already near all-time highs. After such a rally driven by policy, beware of profit-taking pressure around Christmas. High-level consolidation can quickly turn into a topping signal.

**Here's my approach:**

$BTC You can short in batches within the 90,000–91,500 range, allocating positions at 3%, 5%, and 10%. The first target is 83,600, the second target is 78,800.

$ETH Entry range is set at 3,060–3,100, also split into three tiers: 3%, 5%, and 10%. First target is 2,660, second target is 2,350.

$BNB You can also look for similar setups.

In short, at these levels, I'm more inclined to build short positions on rebounds and wait for the trend to unfold.