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Bitcoin just surged to around $800, finally seeing a pullback. This rebound has already been quite strong, so as the price pulls back from the highs, it's a good opportunity to reduce positions in batches and lock in profits.
The next trading focus is on tomorrow. If Bitcoin and Ethereum continue to push higher in the early trading session, that would be a good entry point for short positions. Such surges are often short-term tops, and the logic of reverse trading still holds.
The plan is to wait for the price to stabilize before entering short positions, and to manage risk carefully. The current market rhythm still offers opportunities, but the key is not to be greedy and to take profits when the time is right.