#Gate广场创作者新春激励 Today, we are standing at the center of a macro-driven storm. Technical analysis may temporarily fail at this moment because sentiment and liquidity are dominating everything. The three iron laws of trading, which are the foundation of survival, are:

1. Cash is king; only by staying alive can there be a future: Reduce your positions to a level where you can sleep peacefully at night. Before the panic index returns to normal and clear bottom structures appear on the daily chart (such as double bottoms, morning stars), observe more and act less. Keep at least 70% of your capital in cash.
2. Abandon all bottom-fishing fantasies; only trade within your plan: Do not buy just because the price is "cheap." Strictly follow the ladder layout plan, and ensure each buy has a corresponding lower-level replenishment plan and a strict stop-loss threshold.
3. Pay attention to macro turning signals: The root cause of this decline is geopolitical issues and the global credit crisis. Any signs of easing (such as reduced risk of a US government shutdown or the解除 of tariff threats) could become catalysts for a violent market rebound. While monitoring candlestick charts, be sure to keep an eye on news headlines.