#比特币价格走势 After reading this report from Reuters, the core signal is very clear: the market has reached a turning point from frenzy to rationality. Bitcoin has fallen from 126K to now, a 30% decline, which is not just a simple correction—it's a purge of funds that shouldn't have entered.

The most painful data is from Bitcoin treasury companies like Strategy, whose stock price has been cut in half, with a decline of 54%. What does this indicate? It shows that those engaging in leveraged bets and premium strategies are paying the price. I have always emphasized that the core logic of position splitting and copy trading is right here—don't go all-in on a single style.

In the current market environment, I am starting to adjust my copy trading strategy. Although traders using high leverage and concentrated positions previously achieved good returns, their drawdown pressure is high. I have reduced my position share from 40% to 20%. Conversely, more conservative traders with strict risk management and firm stop-loss execution have increased their share to 50%.

The key is to learn how to select the right traders at different market stages. During a bull market, pursue high elasticity; during a bear market correction, choose stability—this is the professional way of copy trading. The difference between leverage and hedging is finally being seriously considered by investors.