Don't laugh or cry, let the experience of retail investors inform everyone that risk control comes first.

The recent sharp drop in Bitcoin has liquidated a large number of retail investors, and some friends are still deeply trapped halfway up the mountain and at the peak, unable to eat or sleep well, feeling exhausted. This is the consequence of a mindset of luck.

Stubbornly holding on is not the best solution. After a sharp drop, there is usually a rebound; you need to seize the opportunity. If you miss it, there's no going back. Because in the future, Yingjie is optimistic about a second dip, or Bitcoin dropping below 110,000, and looking bullish around 3,200.

Especially for friends who are locked in, if you find me on Friday or Saturday, I directly suggest exiting the market, leaving a short position. Although the results may not perfectly resolve the situation, it can preserve most of your chips and allow you to seize more opportunities.

On the contrary, if you are reluctant to cut losses, you can't bear to sell either, especially for friends who are locked in both directions; this is unsolvable. Getting out of a position should depend on your situation and the actual market conditions, not just relying on imagination. In the end, being mentally exhausted is the only outcome. $BTC