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TheWindBeneathTheCyberBridge

· 1h ago

Over 248 million positions were liquidated in 24 hours, a typical liquidity grab. Chasing the rally with leverage truly risks an explosion.

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SandwichDodger

· 2h ago

Basically, it's still greed; position management is more important than the direction.

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0XNightRun

· 2h ago

The long positions have been hammered this badly; now it depends on whether they will reverse and fight back or continue to decline quietly.

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GlassCityAfterTheRain

· 2h ago

This kind of market trend without stop-loss = going naked, contract traders need to learn a long-lasting lesson.

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TheHotAirBalloonRisesAboveThe

· 2h ago

It's recommended that beginners avoid high leverage; better to earn small, slow profits than to risk losing everything at once.

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Semi-MeltedIceCream

· 2h ago

Every time a major liquidation occurs, opportunities tend to arise more easily, but don't rush to buy the dip; wait for the volatility to settle down first.

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CheckingEthInTheElevator

· 2h ago

This wave of liquidations is brutal...

View OriginalReply0

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$248 million in long positions got wiped out in the last 24 hours.

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