From the year 1755502821423 to 24, the first time went from 28000 to 73000. From 24 to 25, the second time went from 48888 to 98888. The expected range for the third time in the summer of 25 will be around 170000. In the previous two instances, the old money made a lot of profit, but the primary reason for the decline in the third instance is still the black swan event, so there's no need to rush. If continuously going long doesn't work, then wait for a miraculous leverage opportunity to short. We can see many players eager for counterfeit spot trading looking worried, unable to adapt to changes.

In this situation, a reasonable opportunity is no different from shorting during a big drop, waiting to cut losses and wiping out all longs. However, now is not a good time to short; the first drop threshold will not exceed 30000 points, and the second drop will be above 50000 points. There are opportunities, it just depends on whether we can seize them. After all, the feeling of shorting is truly exhilarating, while going long always feels slightly lacking. Those currently trapped in shorting shouldn't rush to increase margin or go all in, as they will be mercilessly hunted down.