I'll just talk about the position
Little Yellow Hair, good news was mentioned on the 8th, 9th, and 10th
After these three days
There are no known short-term good news to continue trading
The short squeeze is complete, there is nothing above to calculate
Or the difficulty of liquidation is very high
Then it will start to squeeze the longs
For those holding long positions, remember to move your stop-loss up, placing it below the solid line of the last 4-hour bullish candle. If you're worried about missing the sell, you can set it at five levels; for each bearish break of a bullish candle, you reduce your position by 1/5. If it really breaks through five levels, then it can be confirmed as a correction. When I tell you to buy the dip, I suggest entering in batches, and when exiting, it's also okay to do it in batches.
In my understanding, at the daily level, we can only see the position of this slope line for now. If it continues to go up, it will be beyond what I can understand.
However, no matter what, as the price rises, constantly adjusting the take-profit level is the right thing to do.