The phone rang loudly, and all 3 short-term long orders for the falling knife 🔪 were stopped out, resulting in a loss of several k.

My head is pounding, the ADA position is approaching the cost average, ETH has retraced 80% of its floating profit, and the remaining altcoins are almost unbearable to look at.

Profits are rapidly decreasing, the 10% position of BTC from the previous limit order has all entered the market, with an average price of 89k💰 and an unrealized loss of 6%. ETH entry is at 70%, with an average price of 2711 and an unrealized loss of 1%.

I am responsible for my own account and bear the consequences of my choices at this moment. The floating profits and losses rise and fall, and if I panic and exit now, the gains from over a year of hard work will not be significant, which will definitely not feel good. However, having been in this circle for many years and experienced many battles, I can only comfort myself that this is not my end point; hold on, time will tell you the answer.

Whether it's the spirit of Ah Q or mental massage, friends, don't be afraid. The hardest months of April and May have passed. What does the current pullback matter? It's just that I really didn't expect that the market in the fourth quarter would be brought down like this by policy, and we have to face the account balance at the beginning of the year.

I was on the way home just now, chatting on the phone with a friend,苦笑 this time finally fell into the hands of the financial herbicide king, Xiaoyu. The power is really great, there's no way to dodge it.

He asked me why it was like this, had I anticipated it? I said yes, but the pullback had exceeded my judgment. He asked if the current price was the most extreme range? I said no, and then I sent him the BTC averaging plan. He continued to ask, would I regret not trading in segments? I said no, it's not the first time encountering such a situation, I've done what I needed to do, and I don't have the ability to control the rest. It's meaningless to look at the market through the rearview mirror; don't exhaust yourself.

After BTC fell below 88K, a short-term bear market has indeed arrived, just like the period when BTC was at 73K/ETH at 1.3K. Pessimists suffered losses and sold at a loss, while optimists waited for the right opportunity to position themselves. Tonight, I don't want to look at news analysis for the reasons behind the sharp decline. Since we have chosen to believe that the bull market is still in play, the only action left is to wait: wait for the recovery of policies, wait for the restoration of liquidity, wait for the disappearance of market confidence, and wait for a suitable price to enter or exit.

Think carefully this weekend about whether to deploy the remaining 20% of your bullets in advance. I believe most friends who have been following this dynamic for a long time have already made psychological preparations and response plans, and should be able to calmly and easily cope with temporary difficulties. Please rest assured, as I mentioned before, I will not disappear and will continue to write updates, staying with everyone.

Currently, there is no clear stop-loss signal in the market. Although the fear index remains low, the contract funding rate has not shown any significant negative values. Remember not to use high leverage to catch falling knives; I had to passively stop loss on 3 contracts today even with a low multiple long order.

Respect market choices and be in awe of market risks. When the wind blows, even the grass and trees seem like soldiers; remain calm and wait patiently for the right opportunity. If there are a thousand words to say, we will discuss it in the live broadcast room next Wednesday night. #美联储会议纪要将公布