A fan sent me a picture, shocking

BTC rose from 29,000 to 110,000, he stubbornly held onto his short position, using 10x leverage, opening a full short position, and the result now:

Floating loss of -240,000 USD, hovering on the edge of liquidation

Loss rate as high as -732%

The liquidation price is just around the corner...

I asked him: Are you still holding on?

He said: I'm still waiting for a pullback...

To be honest, trading has reached a point where it's no longer a technical issue, it's a disaster of mindset and perception.

I want to ask everyone:

Do you think this position can be saved?

A. It's time to cut losses and protect the principal

B. Take one last gamble, maybe it will reverse

C. Take the opportunity to average down, reduce costs

D. Just watch the show, don’t go in to accompany the burial

Feel free to share your choice in the comments, and also share your stories of liquidation/turnarounds, so we can remind each other.

After all, the market never lacks for "exit reminders," only that you might not listen.