The recent market conditions are really tough. Watching Bitcoin, Ethereum, SOL, and other mainstream coins, none of the long positions in hand have been closed out. Friends who are fully long are now all asking the same question—what's next?

The market is fluctuating repeatedly; should you cut losses or hold on? This is a classic dilemma. Some choose to gradually reduce their positions during rebounds to ease psychological pressure; some stubbornly wait for a reversal; others simply convert their long positions into grid strategies to find opportunities amid volatility.

The key is to understand your own cost basis and risk tolerance. If the long positions are under too much pressure, consider taking partial profits or adjusting your position structure. The market will always present opportunities; the important thing is to stay alive to see that moment.