Recently, the market has been relatively volatile, with back-and-forth movements between bulls and bears, creating ample space. It is also something we most want to avoid seeing when Danzi is trapped. Here, Old Chen has organized some methods for getting out of a trap. If unfortunate, you can follow Old Chen's approach to get out. Currently, you can also find Old Chen to help you with the exit.

First: Based on your current positions

1. If you are a trader with a shallow loss, you can use the rebound market to exit or reduce your position at a high point.

2. If you are a trader with a deep loss, you can consider partially building a position at a high point or averaging down to lower your average price, so that you can take psychological initiative before the market arrives.

Second: Based on the trend status of the purchased coins

1. If the coins you bought are in a downtrend, once the downward trend is confirmed and has formed, it is recommended to stop losses immediately, and you must not have any illusions of gain or loss. Because sometimes, any hesitation and uncertainty can lead to deep losses, ultimately making it hard to extricate yourself.

2. If the coins you bought are in a balanced oscillation trend, there is no need to stop losses immediately; patiently wait for the coin to enter the high position of the oscillation cycle. Once it is out of the trap or the loss is minimal, you should decisively exit.

3. If the coins you bought are in an upward trend, there is no need to stop losses. Hold on patiently for a while, and you will inevitably get out of the trap and may even have a significant profit potential. #BTC走势分析