I am ready to start positioning at this location, first with a 40% allocation.

Why do this? Let me share my thoughts:

First of all, I only deal with spot trading and specifically choose mainstream coins with good liquidity. This approach keeps the risk relatively controllable, and I avoid those flashy ones.

Let's take a look at the current market - mainstream coins have basically been cut in half. Take SOL for example, it has slid from 250 all the way down to around 125. Building a 40% position at this level is still relatively safe. My plan is: if it continues to drop below 110, I will add 20%; then for every 10 dollar drop, I will add another 10% position.

Of course, if it remains a bear market, there's nothing to be done. But as long as it can rebound by more than 20 points, I will gradually reduce my holdings and cash out. In simple terms, it's about earning the part of the money that I understand, without being greedy for the rest.