I am very fortunate that I reduced my position in $TSLA yesterday and did not choose to buy back, given that the current market's funding focus is not on this asset. Timely direction changes help optimize the efficiency of capital usage. From a trend perspective, its long-term logic still holds, but it faces downward risks in the medium to short term.

As yesterday's total position reached the standard for overall risk control reduction, I have uniformly executed reduction operations on all positions, regardless of performance. It is worth noting that although the overall market is in a downward trend, according to the Gamma factor analysis I previously shared on platform X, there may still be a chance for a pullback recovery during the closing period. Additionally, the current market's degree of differentiation is very severe; if one cannot accurately allocate to quality sectors or popular themes, this wave of market movement will essentially be missed.