Today is June 27, and this month’s close is just around the corner—when the focus shifts to next month. The monthly candle is about to close, and it has already been falling for 2 consecutive months. At the same time, we must stay alert to the possibility that the monthly candle could continue to drop for 3 straight months. According to the larger trend reversal cycle, 3 months is a key node—meaning July could also drop another $10,000 or so, heading toward the 50k area.

That’s an important thing to watch next month, especially for friends who are still holding multiple long positions that are trapped in losses. It’s best to seize the high points of the rebound: if you keep trading this way, short repeatedly on the bounces—short. If you’re holding long positions, don’t be afraid to open short positions. As long as you don’t open the short near strong support, when there’s profit potential, take the profits and run. On rebounds, cut off part of your long positions with stop-losses. After repeating this a few times, you’ll basically get back part of the losses on your long positions—then reduce your long position size by another portion.

The longer you stay trapped, the heavier the psychological burden becomes. Even if there are good opportunities, you may not be able to open positions. During this time, those costs also need to be accounted for.