Recently, this market for Bitcoin has really worn out people's mentality. I opened a short position around 78,300, riding the roller coaster back and forth, with multiple washouts and rebounds. Today, I just couldn't hold on anymore, so I closed half of my position. The fee rate has also been negative, and it feels like more and more people are going short. If it dares to pull back above 80,000 later, I will directly add to my short position on Bitcoin. Now I can only follow the market rhythm with the whales, raising my entry price.

I see that the current trend is a bear market decline; it will only rebound and won't change the downward trend. So as long as it dares to rise, I will definitely short it, only using a small portion of my funds for contracts, just to earn some living expenses—I'm content with that. Large funds should be reserved for Bitcoin spot holdings.

Finally, I sincerely advise all friends trading contracts: humans are not machines, and there will always be emotional moments. It's impossible to never make mistakes. If you can consistently make money ten or a hundred times, but lose big once, you could go to zero or be ruined forever. Small bets for fun, big bets lead to ruin. Know your limits, protect your principal. #BTC