Entered at 1688, $SNDK this round I have an unrealized loss of 11.6%, position at 2x leverage. Don't ask if it hurts; if you ask, it's because my vision hasn't faded yet.

First, declare my position: entered at an average price of 1920, current price 1688, book loss close to 12%, position only 6% of total capital. At this level, I won't cut, but I also won't add. Instead, I'll wait for a reversal signal.
Today's full plan is as follows: Entry range: place a limit order to add 1.5x position between 1670-1690, but only execute after price breaks below the previous low of 1682 and then recovers 1685, aiming to catch a rebound after a sharp drop. Stop loss: 1640, cut if broken, no holding. Reason: 24h low is 1682, another 40 points down is a liquidity vacuum zone. Take profit two levels: first target 1780 (near the 5-day moving average resistance), second target 1850 (lower edge of previous platform). Position limit: total position not exceeding 12%.
Two scenarios predicted—Scenario A: Before the US stock market opens tonight, the price stabilizes above 1700, and the 15-minute candlestick shows consecutive bullish candles swallowing a 10-point drop. Then add to the position as planned, and move the stop loss up to 1665. Scenario B: Continue to fall with bearish candles breaking below 1682 with high volume, then abandon all plans. Wait to see if there is a stop-loss signal near 1640. Do not trade on the left side; wait for right side confirmation before entering.
Note: 24h trading volume is 1.43B USD. Such a large volume indicates extreme divergence between bulls and bears, not something retail can control. What we are doing here is betting on a rebound, not bottom fishing. If another bearish candle of more than 10% appears tomorrow, then forget it; the trend has changed, and I will directly place a limit order to close all positions.
Don't ask me why I'm so stubborn, because I only used 6% of capital, and a 7% unrealized loss at most means the total account loses 1%. I'm very calm. At worst, I'll just skip a few drinks; it's not life-threatening.
Update results in the comments section.