At 11:48 PM, a needle was inserted at 1105, directly dropping 4000 points down to 1136 in the morning, temporarily hitting a low of 1108.

In the early morning, I sold part of my position at 1128, sold another part at 1135 in the morning, and I still hold a portion, not fully exiting yet.

In the short term, the previous low of 1118 has not been recovered, and this situation is indeed unfavorable for the bulls. A remedy could be to sell off near 1135 in the evening as a stop-loss, then observe and re-enter later.

If the decline continues in the evening, then consider trying to add a position at the 110,000 mark, and gradually exit after a rebound. This trade had no stop-loss, which was indeed a wrong start, and still holding on with a fluke mindset, there is no dispute about this.

From the market perspective, the drop over the weekend has already recouped Friday's gains. In the context of a confirmed interest rate cut in September, a significant drop could also wash out positions, and this is not without possibility.

So, there is no need to panic. For those in the spot market, choose quality coins well, the bigger the drop, the more to enter. The capital market is about patience and courage.