A suggestion for those trapped in short positions
In the context of a short-term, one-sided, and intense upward trend without significant pullbacks, this situation is quite similar to the previous bullish push to 110,000.
As long as you are not too deeply trapped, there is still hope for a turnaround and to reverse the situation.
If you stubbornly hold on without any strategy, you will only be led by the market, and you might end up investing more to raise your average price, which won't drop anytime soon. Once this big market wave passes, not only will you miss out on profits, but the market may also enter a long correction phase, which can be difficult to endure.
For those facing liquidation, don’t be discouraged; this is how the crypto world works—there are rises and falls. Experiencing a temporary setback is normal; everyone makes mistakes. The important thing is to get back up from where you fell, learn the lesson, and you can retreat early next time you encounter a similar situation.