Yesterday afternoon, it rebounded purely from above 65,500. Many friends chased longs with heavy positions at the highs—now they’re deeply trapped and can’t get out. For friends who are trapped in long positions, here are clear exit strategies:

1. In the short term, the market is consolidating and gathering strength at low levels. The subsequent rebound into the 65,000–65,500 resistance zone is the only window to reduce exposure and cut losses and exit. Do not add to the position to average down and thin out your cost;
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2. This round of the bearish trend hasn’t finished yet. The rebound is just a continuation of the sell-off. Any fantasy that the market will reverse immediately will only widen your losses;
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3. Don’t force holding—follow the momentum. Match the high-to-low short rhythm, and use swing-trading profits to make up for the losses on the trapped trades.

With the same kind of market, some people take profits after a thousand points, while others are deeply trapped at the highs. Trading doesn’t bet on luck—seeing the long-squeeze trap for what it is and operating with the trend is the core to long-term recovery. $BTC ‌