In the crypto world Futures Trading, "fear of heights and fear of lows" (the fear of shorting at high positions or going long at low positions) is a common psychological barrier, stemming from the fear of extreme market Fluctuation and cognitive bias. This mindset can easily lead to missed opportunities or erroneous operations. Here are specific analyses and coping suggestions:
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### **1. Why do fears of high and low occur?**
1. **Anchoring Effect**
- Overly focusing on historical prices (e.g., "Bitcoin once dropped to $3000" or "rose to $69000"), believing that the current high/low pric

In cryptocurrency futures trading, position management is one of the key factors that determines long-term profitability, even more important than pure technical analysis. Below is a summary of its significance and specific practical methods:
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### **1. Why is position management crucial?**
1. **Avoid liquidation risk**
The cryptocurrency market is highly volatile, and in extreme situations (such as spikes or black swan events), high-leverage full-position trading can lead to instant liquidation. A reasonable position size (such as 3%-5% risk per trade) can withstand market fluctuations.
2.