7.15 Wednesday evening 3️⃣

Last night’s CPI data came in unexpectedly well, directly pushing the market to violently surge higher. Meanwhile, all day on Monday it was still grinding through a dim, choppy chop—so it’s likely many “brothers” had their positions trapped at lower levels. At the moment, Big Cake is facing the key threshold at 65,000. Whether this level can hold effectively will directly determine how big the risk is for those holding positions.

That said, I personally think there’s no need to panic too much—after aggressive pumping, there’s usually a technical pullback. Right now, what matters most isn’t guessing the direction; it’s first to lock in strong position/risk control. Only by timing trims to keep the “loss-bite” down to the absolute minimum can you call it a win—if you can exit safely, that’s the real victory.

As for getting out of the trap, my specific plan is as follows:

Big Cake:
If the price retraces to the 64,000～63,500 range, reduce exposure first— and even consider exiting directly. Don’t keep fighting the trade.
Focus on 63,000. If it breaks down, tomorrow will most likely continue searching for a bottom lower. If it keeps holding above 63,000, those “brothers” need to be extra careful—there may be another push to probe the 65,500 level, and even the 67,000 resistance area.

Small Cake:
When it rebounds back to the 1,850～1,830 support area, prioritize reducing exposure to get out—don’t stubbornly hold on.
As long as the daily timeframe can steadily hold above 1,800, the later move is likely to keep ranging. For upside pressure, first look at 1,910; after a breakout, then look at 2,000.

Finally, my personal reminder: during the process of getting out, position management is crucial. If you’re not confident about risk control, or you can’t properly grasp the timing and rhythm of trimming, you can bring your exact current holding situation and ask me—I’ll do my best to help. But remember: whatever you do must be strictly about cutting losses—don’t turn getting out into adding positions. #CPI,