$BTC Common Solutions for Being Stuck in Positions!

　　The following solutions for being stuck in positions are based on the practical experience of Master Duan Chen over many years, and I hope they can provide some insights for everyone:

　　After being stuck in a position (for example, a long position), we can make the following actions based on technical analysis:

　　1. When stuck, based on chart analysis, if the price level at which you bought is high, you must immediately stop loss.

　　2. If the price level at which you bought is at a medium level, you can temporarily observe according to the situation at that time, seeking to exit or reduce positions at a high to minimize losses.

　　3. If the price level at which you bought is low, there is no need to rush to stop loss; you should wait for the price to stabilize after falling below the buying price and bravely add to your position at important support levels to average down costs, and rescue the high positions during the subsequent rebound.

　　4. If the price level at which you bought is in an upward trend, there is no need to stop loss; be patient and hold for a while, as it will inevitably break even, and there is even a significant possibility of profit.

　　5. If the price level at which you bought is in a balanced fluctuation trend, there is also no need to stop loss immediately; patiently wait for that price level to enter a fluctuating cycle at a high level. Once it breaks even or the loss is minimal, you should decisively exit.

　　6. If the price level at which you bought is in a downward trend, once it is confirmed that a downward trend has formed, you should immediately stop loss and must not harbor illusions. Any hesitation and indecision may lead to a deep entrapment that is difficult to escape.

　　Regarding reducing positions or cutting losses after being stuck, based on my experience, investors must act decisively and decisively when taking such actions, especially in a downward trend. Many investors have such operational experiences, hoping to break even every day after being stuck. Finally, when the day comes to break even, they feel reluctant: I have held for so many days, I must earn some money. As a result, they miss the best opportunity to close positions, and when the market re-enters a decline, they get stuck again. Ultimately, they are completely desperate, lose confidence, and exit with losses. This is the most taboo in a downward trend.