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

My head hurts, the ada position is nearing 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 that was previously placed has now entered the market completely, with an average price of 89k💰 and a floating loss of 6%. ETH has entered at 70%, with an average price of 2711 and a floating loss of 1%.

I am responsible for my own account and bear the consequences of my choices at this moment. The ups and downs of unrealized gains and losses can be tough, and if I panic and exit now, the rewards of my hard work over the past year will be minimal, and I will definitely feel bad inside. However, having been through many battles in this circle for years, I can only comfort myself that this is not the end for me. Hang in there; time will tell you the answer.

Whether it's the spirit of Ah Q or spiritual massage, friends don't be afraid, the hardest months of April and May have passed, so what does the current pullback matter? It's just that I really didn't expect the market in the fourth quarter to collapse like this due to policy changes, and now we have to face the account balance from the beginning of the year.

I was on the way home just now, chatting on the phone with a friend, wryly laughing that this time I finally fell into the hands of the financial herbicide king, Wang Xiaoyu. The power is truly immense, there's no escaping it.

He asked me why it was like this, did I have any premonition? I said yes, but the extent of the pullback has exceeded my judgment. He asked if the current price is the most extreme range? I said no, and then sent him the BTC averaging down plan. He continued to ask, would I regret not making a swing trade? I said no, it's not the first time encountering such a situation, I've done what I needed to do, and I can't control the rest. It's meaningless to look at the market with a rearview mirror perspective; don't exhaust yourself.

After BTC broke below 88K, a temporary bear market has indeed arrived, just like the time when BTC was at 73K/ETH at 1.3K. Pessimists are cutting losses painfully, while optimists are looking for opportunities to position themselves. Tonight, I don't want to look at news analysis for the reasons behind the big drop anymore. Since we have chosen the premise that the bull is still here, the only action left is to wait: wait for the policy environment to improve, wait for the recovery of liquidity, wait for the market confidence to disappear, and wait for a suitable price to enter or exit.

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

Currently, there is no clear signal for a bottom 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 for bottom fishing; today, even my low-leverage long orders have been passively stopped out by 3 contracts.

Respect market choices and fear market risks. The wind and the crane alarm, and all things are soldiers. Calmly guard the clumsy and quietly wait for the right opportunity. If there are thousands of words, we will chat about it in the live broadcast room next Wednesday night. #The Federal Reserve meeting minutes will be released.