Let me talk about trend support. The strong support for the trend is between 100500 and 101500, which is an important trend support. The extreme limit is between 98500 and 99500. If it strongly breaks below 98500, in my understanding, the upward trend ends. This means that if you want to go long, you should get close to this area; the closer, the better, but it may not necessarily reach it. Overall, the upward trend has not changed, and this is a risk awareness.
Additionally, regarding the comments about a black swan crash, there is no need to consider it. A black swan that can be predicted is no longer a black swan. Operations must be both bold and cautious. How to understand this? For example, in a large cycle, if you go long below 20000 and it rises to 30000, you must set a stop loss at 24000 or 23000. 25000 is the strong trend support. If it goes up to 70000, the stop loss must be set between 45000 and 48000, with 49000 being the strong trend support. There are also trend supports in smaller cycles, such as 74400, 85000, and 90000 after the main upward wave starts. These are all important supports. Risk awareness is essential. Moving stop losses is a good strategy, but most people do not look at the real supports, so most moving stop loss strategies are almost useless. This depends on whether you can read the positions, but you must have risk awareness and never trade without a stop loss.