The trading rules I've adhered to for many years have shattered, and my resolve has been destroyed. This morning, I woke up to dozens of emails, feeling dazed, and indeed I've lost a lot of money, but it's not enough to break me. The long-held BTC spot positions can still barely maintain my dignity in the industry. What’s most frustrating is that the trading strategy I've strictly followed for so many years has failed. I’ve liquidated all my low-leverage long positions in altcoins that I held for months. The strategies I’ve often publicly stated, such as "buying gradually at relatively low levels, increasing leverage when market enthusiasm rises, and maintaining a safe liquidation price," now feel like a joke. Coming from a grassroots background, having become wealthy at a young age through the crypto world, I am now feeling the first stirrings of a desire for regulation. Is this chaotic path really the direction I should steadfastly continue on? Since my strategy of staying at the table has completely failed today, will my long-term BTC strategy also fail one day in the future? Where exactly is the path?