Placed a huge order, and the client's Ethereum position had a maximum loss of $50,000. When I arrived, they were already deeply in a $36,000 loss. My approach was very clear—turn things around through hedging. At the time, I had short positions hedging in the 3050 to 3080 range. Since recovering the long positions was difficult, it was better to switch strategies first. Honestly, relying on the price dropping to 3000 to resolve the position was too risky. Fortunately, the price held firm at around 3050, which avoided further decline. The most critical part of the entire process was the courage to change the mindset—facing a trapped position isn't about stubbornly holding on; hedging operations often lead to a breakthrough. For volatile assets like Ethereum, knowing when to switch directions makes risk management half successful.