In the recent market fluctuation, I noticed an interesting phenomenon. When the price fell from 2616 to 2595, I decided to Enter a Position to go long. This decision was based on my observation of the market, believing that the short positions were too concentrated, and the market might see a Rebound to clear out excess short positions.

However, the market did not develop as I expected. The price continued to fall, reaching a low of 2563.75. I set my stop loss at 2563, which is based on my personal trading habits, usually choosing to set the stop loss at previous highs or lows. Although it triggered the stop loss by just 0.75, this precise stop loss strategy is also part of risk management.

Looking ahead, I anticipate that if the price rebounds, it may rise to around 2630. This expectation stems from my analysis of market dynamics: if a rebound does occur, the price is likely to break through the previous high of 2635, forcing short positions to close. However, considering the overall market trend, I believe there is still downward pressure. Therefore, even if a rebound happens, the price may encounter resistance around 2650.

These analyses and predictions combine insights from watching professional analysts' live broadcasts and my own market judgment. In a rapidly changing market, it is crucial to remain calm, observe, analyze rationally, and make flexible decisions. Every trade is an opportunity for learning and growth; regardless of the outcome, what matters is continually improving one’s trading strategy and risk management skills.