Getting out of the short position, getting out

Short position liquidation??? Seize the opportunity, everything starts with "simplicity"...

The pancake has surged again, driving the entire market crazy, making the bulls laugh hysterically, and the bears cry uncontrollably. As small investors, it's inevitable to have many lucky thoughts, ignoring the risks, and the final result is a steep decline from high levels, with deep losses. Especially like the market that broke support and surged last night, if you have even a thought, you'll get deeply involved.

The short position around 77,000 is not deeply trapped at the moment, with the current resistance level around 79,500. We can use the resistance level to short and lower the average price to observe the pullback strength; if we have enough chips, we can withstand the pressure.

The position around 75,000 is in moderate trapping; currently, we can use high-level replenishment of shorts while also locking positions based on the situation.

Below 70,000, the position is deeply trapped, because this surge was sudden and unexpected, with no pullback at all. Trying to perfectly get out of the trap is somewhat difficult; the best we can do is minimize losses.

Getting out of the trap not only requires seizing the opportunity but also more importantly, the mindset. This process is very torturous; it depends on whether you can endure it.