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$DAM I'm thinking this shot is a big drop shot, also a hollow needle.
2. Regarding Bitcoin’s path: I think the next period will basically be pretty lousy, and the moves will also be less suitable for trying to game/figure things out;
3. Regarding trading: For the part that has long positions at the bottom, taking profit, moving the stop-loss up, or exiting to just watch are all correct. For those who don’t have positions at the bottom, it’s not really suitable to get involved right now. (My personal approach is to trade with light positions and tight stop-losses, betting on the dead-cat bounce of alts; and to use the profits that I “squeeze out” by “shearing the wool” to set the stop-loss.)
2. Regarding “big cake” (Bitcoin)’s movement: I think the next period is basically going to be a pretty lousy time, and the way it moves will also be less suitable for setting up trades as a bet;
3. Regarding operations: For the portion that has long positions at the bottom, taking profit, moving the stop-loss up, or exiting and just watching the show are all right. For those who don’t have positions at the bottom, it’s not really suitable to participate now (my personal play is to trade with a light position and a tight stop, betting on the “dead-cat bounce” of altcoins continuing to jump, and using the profits “squeezed out” from that to set the stop-loss).