Above 118300 for $BTC can be shorted, don't be afraid of holding the position, he can't go up. I haven't incurred any losses myself. If you're worried about unexpected events, you can set a stop loss around 119000. As I mentioned on July 16, the probability of breaking above 121000 in the next two days is low, and sure enough, it couldn't break 121000; the same goes for this round. His high position is capped! Before breaking the previous low, he won't make much of a splash.

When he goes up, it's like giving away money, but position management must be done well. I consider myself a cautious player and only use 5% of my funds, and I've also divided it into three positions. The aggressive players should take a look at Liangxi. There will be opportunities in the future. Next week, it might be possible to bottom out and go long with him, and we can still make a profit. If he pulls back, we can still profit. Occasionally, we can also take advantage of confirmed short waves. There's no worry about not making money.