Why isn't anyone criticizing me for being a Binance lackey? Look! Damn, this is what you call a damn good reputation! A few reminders: 1. A trading principle I've always adhered to is not to cut losses during a downtrend. I stuck to it, and those three sharp drops (12, 13, and 14) did hurt, but I believe I was right. However, as long as the market retains some rationality and doesn't experience extreme black swan events, there will be ups and downs. 2. Even if a drop of this magnitude is to be followed by a rise or rebound, it will take time. After all this turmoil, I think discussing bull and bear markets is meaningless. The foreseeable short-term future (1-2 months) will likely remain a challenging trading environment. How you play is up to you! 3. I will at least wait for a rebound of equal magnitude to the drop, or a failed C-wave, before making any large-position trades.