Song Xiqing: Rebound Fully Realized, Continue to Short at Higher Levels

Let's first look at the overall structure: The price is still running within an upward channel, with a short-term bullish bias, but it is gradually approaching the upper edge of the channel. The area around 62k–62.5k is both a dense zone of previous accumulation and the resistance level of the channel's upper boundary, so this range is very critical.

If the price rebounds to this level and shows clear signs of resistance pressure, then you can consider taking a light short position. For targets, they remain the same as before: the first target is 58k, and the second target is 55k.

In short, as long as the channel is not effectively broken, shorting at the resistance zone when the price rebounds is in line with the larger trend, but strict discipline must be maintained. Don't rush; wait for a confirmation signal before entering.
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