There are no permanent winners in the market; it may fall upon me, and it's impossible not to feel discomfort when being trapped in a trade. People always praise the meat when eating but curse the dirty dishes when washing. Many might not want to see this reality. When problems arise, I face them calmly rather than avoiding them.

Last night before the US stock market opened, I went short near 94,500, and I still hold that position. After the market opened, it started to rebound, stretching up to 994. The rebound was quite strong, and I also added to my position near 970, with an average price currently at 956. Before the morning close, it fell to a low of 972, and now the market has returned above 980. Now, let me explain why I decided to short at the 945-950 level. After all, you can see the market trend during this period. The rebound trend after a pullback has been fluctuating. At this point, I definitely wouldn't chase the market upwards, which is why I often say not to chase highs and cut losses. Not acting according to the market trend led to being trapped.

Currently, if the market pulls back to around 970, I will reduce my position. If it rebounds again after the pullback, I will continue to add to my position to lower my average cost. This way, if risk control is done well, even if there is a forced liquidation, it will only push prices higher. Observing the market, as long as it stabilizes near 960 after a pullback, I will continue to reduce my position. This way, we can retain our base position and gamble with a low-risk coefficient. If the market pulls back below 960, I will determine the exit strategy based on the market trend and will promptly make a switch between long and short.

After eating for a month, I haven't seen much said, and after getting trapped in trades, many fans from the outside come out. It's okay if this particular position blows up; it might still be more than your profits for the month. As long as it stretches up to 110,000 and blows up, I will stand firm. After all, this loss is less than a third of this month's profits. Next, I will face all fans and critics in the square. All posts are public, so feel free to check them out. I will present the necessary evidence and facts to face you all. To the fans who keep up, we must ensure proper risk management!

In conclusion, the current position is still intact and not blown up. I will continue to strive for this month's legendary battle. At this moment, my mindset is good; there’s nothing to worry about. After eight years of transitioning from gold and forex to the cryptocurrency trading market, I have experienced many ups and downs.