#我的Gate交易时刻

June 5, 2026, Bitcoin dropped to $59,743 intraday, the lowest level since October 2024.

That afternoon, I was watching the candlestick chart on Gate, still holding a long position I built around 67k. The past few days had already been tough—on June 3, the entire market was liquidated for over $1.76 billion in a single day, 270k traders were forced to close their positions, and the fear and greed index plunged into extreme fear territory. Social media was full of headlines confirming a bear market.

The most devastating moment happened on the evening of June 5. When BTC broke below the 60k mark in those few minutes, I almost had my finger on the close button. Over the past six months, it had fallen from 126k, a drop of over 52%. Every rebound proved to be a trap, and each position felt like fighting against the market.

But I didn’t close my position that day.

Not because I was brave, but because I forced myself to do three things: First, I checked on-chain data for ETF fund flows—although still outflowing, the rate was slowing down; second, I looked at the supply and demand structure after the halving—block rewards continued to decrease, and the deflationary fundamentals remained unchanged; third, I asked myself a question: “If I close now and then recover to 65k, would I dare?” The answer was no.

So I set a stop loss at 56k and then turned off the app to sleep.

In the following days, BTC rebounded from 59.7k to 63k, then surged to 66k. On June 14, the US and Iran reached a temporary agreement, the Strait of Hormuz reopened, and BTC broke through $66k. My position not only recovered but also made a small profit.

This experience taught me not that “holding on stubbornly will win”—if it had dropped to 56k, I would have been stopped out anyway. What it taught me is: in extreme panic, the only thing worth trusting is not emotion, but the plan you made beforehand.

To newcomers, I want to say: during a sharp decline, don’t open group chats, don’t scroll social media. Open your trading records, open your stop-loss orders, and ask yourself, “Why did I buy in the first place?” If your logic still holds, execute the plan; if it’s broken, accept the loss and exit. The hardest part isn’t judging the direction, but sticking to your discipline when everyone else is in fear.