In simple terms, during the early stage of a bear market, many people still operate from a bullish perspective, so they can sell off almost without hesitation. Now, in the mid-stage of the bear market, most voices consider it to be a bear market as well, and they are also shorting to see the lows. Therefore, the market must create a false breakout of a new bull market phenomenon, keeping their liquidation points above 4000 to effectively prevent this.

3250 short position with 15% allocation has been triggered

The introduction has explained that the default for copying trades is with tenfold contracts. Each time you open a position, only 10% of the capital is used, playing 100x all-in. Even Buffett can't save you. A 1% position in a 100x contract is equivalent to a 10% position in a tenfold contract.
The senior trader just gave an update. You can see a take-profit at 3100, while I mentioned dynamically taking profit at 3000. After a rebound, shorting at higher levels is also in line with what the senior trader said—that 3000 can be used as a rebound entry point for long positions.
Of course, in a be

Currently, for those looking to add to their position, try to wait until above 3250, as there may be a rebound. If not, then don't bother. Actually, as long as you hold 30% of your position, you’re basically earning something.
Today I covered quite a bit because starting next week, with only one month left until the end of the term, prioritizing studying might really leave no time to analyze this stuff. The overall trend won't change much, just hold on.

After closing the position, my current position is only 15%. Yesterday when it was 3337, I directly increased to 30%. As a result, in the evening, it rebounded around 3440. Such a loss, feeling like I missed out on about 100 points. I plan to add to my position later. I estimate my position will not exceed 40%. I must keep at least 50% of my position as a safety net. Proper position management can ensure you hold onto your trades.
Currently, only 30% of the copy trading has been invested. The forced liquidation level is around 4500. I am using a secondary account to follow the standard trades

It's not easy. Every time I use 10% of my position, I get tortured by break-even losses. Although I didn't catch the best move this time, I finally gained 150 points. To be honest, I really wanted to close all my positions at 3170, but in the end, I held back and only reduced half of my position.
Since it has already dropped 150 points, there might be a small rebound. If it can rebound to around 3250, I will short again.
Then, I will wait for it to fall to 3000 and close all positions, then use the rebound from 3000 to short again.
This is a complex strategy.
For beginners or followers

Many people, even knowing that a rate cut might lead to a big drop after the initial rally, get margin called before dawn or become overly aggressive in their positions, leading them to cut losses at the first sign of a surge. As a result, they all lose just before the dawn. We need to manage our positions well and ensure that our liquidation price remains in a safe zone.
I respect the market and won’t think about beating it every time; at least I will never be a loser to the market.
The subsequent trend is generally somewhat boring, and the forecast is:
A slow decline. If there is a reversal,

There is protection at 3000, here you can consider the first take-profit level, place the stop-loss at 3300. I entered early, I entered at 3337, in other words, the breakeven stop-loss can only absorb 37 points.
Last night, it reached 3400, because I already had a position, so I did not add more.
Apart from interest rate cuts, Powell also mentioned another positive news, which is that he plans to inject funds into the market. It could become a reason for a bullish rebound in the coming months, but it is not quantitative easing or money printing.
Long-term, Ethereum is still seen at 2200, p

The double top is confirmed, and this sad battle is about to end. We will win until the end.

Add another 30% position above. We're in the open while they're in the dark. This round is already finished—back to where it started.

The only problem is that the stop-loss was set a bit too far, so even with optimized entry points, I didn’t gain much. As for the top at 3398, aside from closely monitoring the market, I really have no way to catch that. I could only enter at 3337.
The short squeeze was even more brutal than I expected, but the bull market will not arrive—this much is certain.

The stop loss was triggered and an email was sent. I think it's possible to continue shorting; I'll enter another 20% at 3337, with liquidation set above 4000. The market is engaging in malicious short squeezes, and I've repeatedly warned in previous updates that this could happen.

The liquidation level remains above 4000, with a large liquidation volume above that.

After breaking below 3000, I changed my stop loss to break-even to avoid a reversal in the market. This time going short is a bit different from opening shorts at the end of October. Previously, when I opened shorts, most people were calling for a bull market, but this time the majority expect a bear market. There seems to be a bit too much short interest accumulated above.
It's quite rare to see two consecutive V-shaped reversals. The probability of a third is also very low, but we still need to guard against this scenario—better safe than sorry.

Stop loss unified at 3320. Even if there's a 90% probability of a continuous decline, the overall market seems to have a strong bearish sentiment. If a large number of short positions continue to accumulate above, there is still a possibility of a reversal, which I hope won't happen.

I placed my order at 3231 instead of a round number. If the order isn’t triggered, I’ll still short this 20% position above 3100.

Since I refreshed my position to preserve my principal, I entered a 10% initial position at 3090 and placed an order to enter 20% at 3230.
It's currently at 3115. For those who didn't enter at 3090, there are better options available.