Brothers, let's briefly review the recent market:



Many friends started holding positions last week, and after opening shorts this week, the market has been in a narrow range with limited volatility. Many short positions remain trapped and held until now.

The magnitude and duration of this pullback have indeed exceeded my earlier expectations. I originally expected a decent retracement on Wednesday or Thursday as a window to reduce positions, but the market never experienced a significant decline. Currently, many friends have tight margin risks, very close to liquidation levels.

Tomorrow, the market is expected to see a pullback. I suggest everyone seize the opportunity to reduce positions in batches, control your risk, and don't fall before the dawn. There will always be new trading opportunities in the market.
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