I still believe we will retest the bottom of 275 once again because such a strong momentum doesn't just instantly recover. Imagine a car trying to come to a stop and reverse. It must slow down, stop, and then reverse. Although the analogy isn't completely true to the market, but the sentiment of this forum is an accurate comparison.
I talk about about winning trades the same as my losing trades because emotions only gets in the way. I am still short and holding tight. My percent chance of a profitable trade isn't high, maybe 40%? I have to be patient with my winners because those are the ones that counts. I have to be impatient with losers, so I can cut losses fast.
I do live trades and market analysis daily. Follow me on my trading blog and twitter: ibankbitcoins.com, http://www.twitter.com/ibankbitcoins