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Bitcoin, Ethereum, and this round of sharp decline have trapped many traders who went long.
From the top, prices have been smashed down continuously, with losses mounting higher and higher. The panic, discomfort, and hesitation are truly tormenting.
What everyone is most concerned about right now is just one thing: will there be a rebound? What should I do if I'm caught in a position?
Don't rush into impulsive trades.
Don't hastily cut losses, and don't randomly add positions to average down your cost basis—the more rushed you are, the easier it is to make mistakes.
This decline isn't an accident; it's a combined attack from news, capital flows, and technical factors. Short-term bearish pressure remains strong.
If you're holding long positions, remember this: don't stubbornly hold on.
Small losses aren't scary; stubbornly holding to the end is the real danger.
Protecting your principal and controlling risk is far more reliable than betting on a rebound.
Stabilize your rhythm first, then you'll have a chance to unwind your positions and recover profits. #Gate13周年全球庆典