Many people are thinking about shorting at high levels. It's certain that the market will have pullbacks at various times, but looking at my previous thoughts on this wave of pullback, I at least think it needs to reach around 99,000, or even 100,000, before a pullback starts. The pullback range is likely to be around 90,000-92,000. Therefore, my personal strategy has been to maintain a low long position and keep a good base to aim for above 98,000. It is certain that we will reach that in the near future. Some also believe that many longs will reach 120,000, which is definitely not a problem in the long term, but not at this moment. After the next wave of pullback, the market will definitely head towards around 120,000. Our operation is simply to capture the fluctuations, have a clear strategy, identify key points, and go with the trend. For spot trading, we can consider a long-term perspective. Whether trading contracts or spot, we need to take profits at key positions and enter again when there are good opportunities.