The market has experienced intense volatility at this point. If you bought at the previous lows, now that the upward trend is underway, you should consider taking profits—realize that the gains in your hands are genuine. Don't be blinded by the expectation of continued rise. Greed is often the biggest enemy in trading.

For those traders who still want to chase the long side, it's better to wait for a pullback before entering again rather than buying at a high. Such an approach is obviously more rational. Friends holding short positions, don't over-worry; as long as you strictly follow position management and control your risk exposure, there's no reason to panic. Any market follows the pattern of alternating rises and falls; there is no such thing as a perpetual upward trend. The key is to follow the cycle and manage your risks properly.