The market has been steadily rising with volatility, leaving little room for a pullback, and the short sellers are gradually coming under pressure as they repeatedly test the lows, with many short positions starting to enter floating losses.

But the most taboo thing at this stage is not being caught in a trap, but emotional trading.
The trend here is essentially a slightly strong oscillation structure; every upward push consumes the bearish momentum, but it doesn't mean a continuous one-way move.
The more this kind of trend, the easier it is to see repeated tug-of-war at high levels.
Friends caught in the trap, don't rush to hold on tightly, and don't blindly reverse your position.
The market won't change direction because of emotions, only when the structure changes.
At this point, doing just one thing is enough:
Only take effective actions, avoid meaningless add-ons.
What are effective actions:
* For heavy positions, first reduce risk, avoid expanding losses.
* For high price points, no longer blindly add shorts.
* Only consider structural adjustments during rebound zones with potential.
* Prioritize preserving capital over rushing to recover losses.
The market is never short of opportunities; what’s lacking is those who can survive until the next wave.
This round of oscillating rise has actually weeded out many aggressive traders; what remains is a contest of patience and execution.
Being caught in a trap is not the end; wrong operations are the beginning of magnifying problems.
The trend is still ongoing, and the rhythm is still changing.
The key to unlocking losses is not gambling on the direction but waiting for the structure.
If you are currently in a passive short position, you can come and share ideas, and together analyze your positions and rhythm.
The short side is not fighting alone; sticking together can at least prevent being overwhelmed by emotions during volatility.