Alright brothers, it's been a whole day of torment. From opening a short position at 6.9 yesterday and sleeping through it, to waking up today at 7.56. God knows what I've gone through in a day.

Let me share my thoughts. The position isn't too heavy, but I never expected a surge of 7000 points overnight. The short-sellers are facing a grave situation with grass two meters high on their graves. I kept reducing my positions and cutting losses, which resulted in losing over 9000 dollars, then I increased my position to raise my average price. Now my opening price has been pushed up to 7.4. The position is still relatively healthy.

I was actually praying silently for an opportunity to reduce my position before the US stock market opened, because the pre-market in the US had already soared, and it's a well-known consensus that the crypto market and US stocks are no different. Fortunately, there’s always a way out; when it dropped, I directly cut 75% of my position at cost price.

Currently, I hold 3 large coins and plan to add more at 7.5 or 7.6 (if it gets there), raising my average price. Then I'll look back at 7.1. In fact, just yesterday I was looking back at a pullback to 6.6, but given the current trend, 6.6 seems really tough to reach. Let's set our target above 7. Based on my current holdings, I will break even at 7.2 (that's the 9000 dollars I cut off).

So I'm not too worried about this 9000 loss, because reaching 7.2 is still quite easy, just a 2%+ pullback. Brothers who are in a similar position and don't know how to break even can discuss below. I'll continue to monitor when the US stock market opens tonight. These past two days are destined to be long nights 😓, keep it up brothers. The market is here, wishing everyone a successful turnaround.