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Let me review a bit and share some experiences on how to reduce losses.
1. Market risk, I will avoid the possibility of forming a LL pattern on 4H or higher. As long as it appears, I will decisively reduce leverage and cut positions. Even if it doesn't drop afterwards, it doesn't matter. I can accept missing out, but I do not accept being heavily invested at the starting point of a potential downward trend.
2. There is an arbitrage exposure during the drop, because I worry about extreme market conditions ADL, so I turned on all alarm notifications and kept the arbitrage positions very small. I woke up in the middle of the night to the alarm noise, balancing the arbitrage positions while selling some puts at a willing take position ( without overselling ). Although I had already made a plan, the market prices were all chaotic, and I was still flustered. After messing around, I found that there was arbitrage space between SOL and ETH, but the bullets were already spent, and I couldn't do anything. I can only say that this kind of "picking up corpses" requires preparation in advance. Although I was prepared, it was actually not sufficient at all. I can only say I'll wait for the next time.