Positioning is very important! Never go all in, always keep some "bullets" in hand to respond to market changes in a timely manner.

Think about position management and your mindset in trading, give yourself a定位, and be clear about what you want.

For short-term trading, refer to positions near resistance levels to sell. Don't regret if it goes up; you are a short-term participant, so just move on to the next one. If you hesitate to sell when it rises, thinking about holding for the long term, but switch to short-term when it falls, this mindset can be very torturous.

If you are a long-term player looking to hold, don't be afraid of mid-term pullbacks. Focus on the results, not the process. Of course, you must also endure a 50% or even 100% drawdown. The entire bull market consists of continuous pullbacks and rises, with a rhythm of oscillating upward and spiral growth. Players who trade in waves can reduce their positions when it rises, but must buy back when the price pulls back to avoid missing out and chasing highs.

As a seasoned investor in the cryptocurrency space, I am happy to share my experiences and insights. Are you interested in the cryptocurrency world but don't know where to start? Click on my profile to see the introduction to my work and witness the moment of miracles together.