If I had to give a basis for my short position:
Based on the 2022 carving the boat to seek the sword analogy
At that time, it went from a low of 26K to a high of 32.6K, a rebound of about 25%
If 60K rebounds 25%, it would only reach 75 at best. I'll give it a window to 80
Don't say the carving the boat to seek the sword method is useless anymore
The facts prove that it actually works most of the time
I previously also used the carving the boat to seek the sword analogy around 120K, and in the end I succeeded
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