The market is moving as expected, and I have verified my judgment about the market with my position.

This position has truly put my thoughts through some torment. I believe that the market in the second half of the month will still decline, but it may not drop so quickly here; it will oscillate downwards. Additionally, a stable type boss in the cryptocurrency circle, the great Maomao, opened a long position at this position—is he trying to bet on a rebound and then run? Or does he think it will stop falling here? In any case, it has had some impact on my short-selling mentality.

1, there is considerable pressure here; it feels like it won't go down smoothly, and I am worried about too much profit withdrawal and can't stabilize my mindset.

2, stable type boss, Maomao has opened multiple positions here, look at that stable profit curve, it deserves some respect.

So here I choose to reduce my position by half. The remaining half position is planned to close around 27,000 - 27,500.

In the futures market, survival is always more important than making profits; resting is always more important than being impatient. A calm mindset is the key to winning in the futures market, officially losing money, officially missing opportunities, being neither anxious nor hasty.

When the market is uncertain and you can't make up your mind, take more rest.

When the market is not volatile, do not rush to open a position, do not rush to make money, and take more rest.

Don't get trapped in your narrow thinking, diving into dead ends.

I don't know if you often encounter such a situation. I have a strong feeling that in the next week or two, BTC will move in one direction, feeling like a big opportunity, a significant volatility trend that must be seized. So I opened a large position, but then it continued to oscillate here, even continuously fluctuating back and forth. People often behave this way; at the beginning of the momentum, they charge forward, firmly believing it will develop in the anticipated direction, but after two days of oscillation, doubts begin to arise, and the momentum wanes. Many people find it hard to hold onto their positions at this time. Even if a few can hold on, after oscillating for a few more days, they will also weaken. The probability is high that they will run away.

During this oscillation process, a lot of complex psychological activities occur. Fear of loss, wanting to give up, simply cutting losses to rest for a few days. After cutting losses, they feel unwilling, having a strong premonition that the future market will move towards the target direction, but this strong premonition makes them afraid of missing this rare opportunity. In this back-and-forth entangled state, opening and closing positions back and forth, after exhausting a lot of transaction fees, they finally realize. In the end, there are two outcomes: one is to strengthen confidence and hold on, and the other is to simply not care, cut losses, and rest for a few days.

I often do this, so in this situation. If you are very confident about the future market trend, then before opening a position, analyze everything, set a stop-loss position, prepare for how much you could lose, and be mentally ready. After opening the position, set a price alert and don't pay attention to it anymore; don't analyze it anymore, otherwise analyzing after opening a position will only affect your judgment. Sometimes when I trade trends, after opening a position, I plan my take profit and stop-loss, and set price alerts. Generally, I won't look at it again, nor analyze any market, and won't even discuss the market with anyone. Because trading itself is lonely; there can only be one opinion in trading, even if it's wrong, there can only be one opinion. Otherwise, if you don't have your own opinion, in this market, you can only be a victim. This is also the reason why I often refrain from discussing future market trends when people ask me. I have my own ideas; I only trust myself and never discuss with others, as that will affect my judgment.

Learn to miss opportunities. If you find yourself in a dilemma, wavering, my approach is to close the position, miss this trend, and wait until this trend ends before I choose to continue with the next trend. There are trends every day, and the capital is fixed. Hold onto your capital, learn to sway with the trend, and then you can look for the next suitable trend.