I recently organized a trading journal and want to share my experiences over this period.

Since clearing the last batch of BTC long positions in mid-January, these past two months have been quite tough. Initially, I shifted to shorting, then switched back to longing. In the middle, I missed a key opportunity which caused some followers to get liquidated—this has been on my mind. Although I lost quite a bit myself, I still feel sorry for everyone.

By late November, BTC dropped to around 92, 93, and I started warning those caught with low leverage to reduce their positions. On December 1st, it plummeted again to around 8.4. At that time, I was on a business trip, so I paused trading. When I returned, the market rebounded to 93, 94, and we opened another round of shorts. ETH entered at 3380, then we closed the position.

From December 18th onward, I fully shifted to a bullish stance and stopped trading shorts. I started building contracts around 86,200 BTC, adding once at 87,500. The hardest part was executing the "add on rises, reduce on breaks" strategy, especially during the sharp fluctuations on the 22nd, 26th, 29th, and 31st. Honestly, these waves really tested me—each one was a mental challenge.

The most memorable moment was the penultimate addition on January 2nd—originally, I planned to add 100 BTC, but my mindset collapsed, and I only added part of it. The market kept fluctuating, and my position was quite heavy, almost breaking my psychological defenses. If my position had been any larger, most people would have already been unable to hold.

The biggest takeaway from this journey is that executing a true medium- to long-term heavy position trade is much more difficult than I imagined.