Look out for those caught in a Bitcoin trap

Core methods for resolving trading losses
1. Respond according to position depth
- Shallow trap orders: directly resolve the loss during a rebound, or reduce positions at high points to lower risk.
- Deep trap orders: reduce positions at high points, or add positions to lower the average price, gaining control of the market.
2. Operate based on the trend of the coin
- Downtrend: confirm the trend and immediately cut losses, without hesitation or false hopes, to avoid deep trapping.
- Balanced consolidation trend: no need for urgent stop-loss, wait for the high consolidation, and decisively exit when breaking even or small losses occur.
- Uptrend: no need to stop-loss, hold patiently, with a high probability of recovering losses and making a profit. $BTC $ETH