#易理华割肉清仓 The basic habit of not having stop-losses for such a large position is normal. However, it is also not acceptable to have such a large position without any risk control. Each of us is like a fund company, and we must act as analysts, traders, and risk controllers. It is possible not to set a stop-loss for every single trade, but the total position should have a maximum loss percentage set.

Let's analyze the recent market situation:

Bitcoin has been in a downward trend for the year, quarter, and month, so regardless of how it rises or consolidates now, remember the risks looming above. On the evening of the 5th, those who placed orders at the limit during a sharp decline still hold onto their chips, especially in spot trading, which should not be moved randomly. For contracts, you can place your stop-loss at the cost price; if it drops and hits the stop-loss, so be it; if it doesn’t drop, it is a long-term position that will last at least six months, so do not exit easily.

Friends who are fully invested in spot can calculate where their cost price is. This time, it will go up and then come down to test again; let's see if there is a possibility of a wave to lower the cost.

No matter how the market fluctuates, our overall direction remains unchanged. Institutions entering the market are not here to take over; there will certainly be a moment of explosive growth that catches everyone off guard.