I will take half of my short position's money here. I have repeatedly emphasized in previous posts to hold through the unrealized losses and stay in the market.

Next, I want to share my prediction. I hope brothers who see this post will take a good look, because I have indeed been lazy lately and haven't been live streaming, so I have been absent for a long time, including other platforms and some offline events, so I haven't had time to do live broadcasts.

To put it simply:
Currently, it's a large-scale trending market. Even if the historically large trending markets have fallen sharply and stopped falling, they tend to oscillate repeatedly for at least two weeks or more, so don’t try to catch the bottom. If you want to catch the bottom, buy spot. Otherwise, there’s no reason to leverage to buy the bottom; it will only waste your contract fees, or if you just want to gain a few hundred or dozens of points on BTC and ETH, I think it’s pointless.

Next, I will predict the future trend for reference, taking BTC as an example:
In the current large trending market, BTC in the 5x range is a short-term bottom. After oscillating for more than two weeks, it is highly likely to return to the 7x range. It’s very unlikely to reach the 8x range. For long positions above 8x, the average entry price needs to be at least below 74k, and liquidation should be controlled below 38k. If you have no money, go to C2C and add funds yourself.

Secondly, for long positions around 70k and below, no need to add more. Liquidation should be controlled below 38k. After returning to the cost price, exit immediately. Wait for the final dip, then uninstall or close the software—don’t look anymore, or you’ll likely get caught again like retail traders in this market.

Contract bottoms are expected between October and December. For spot, buy in at around 60k with 25% of your position now. The last dip hasn't come yet; there will definitely be another rally to trap and shake out the bulls. I personally believe the bottom will be below 52k, most likely starting with 4, and probably won’t reach 3.

After this post is published, everyone should act prudently.
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