Is it troublesome? Brothers who see this post, how are you?
The market is in extreme fear, and in the past week, the number of people liquidated in the market has exceeded one million. The question is, who is selling off? The ones selling off the hardest are those who previously made crazy leverage bets to go long. To avoid being liquidated, they have to reduce their positions, resulting in a death spiral where the more it falls, the more they sell, and the more they sell, the more it falls. Can you catch the bottom? The market always has paradoxes: it's easy to catch the bottom when it's not the bottom and hard to catch the bottom when it is VS when others are fearful, I am greedy, depending on where your faith lies. For instance, if Bitcoin rises to $300,000, the difference between buying at $64,000 and $70,000 is not significant, provided you don't become someone else's bloody chip. The current price is already the bloody chips of millions of people, including whales, dolphins, and shrimps, all thinking they got a good price when they bought in. So what is a good price? Is the $120,000 long for Bitcoin and the $70,000 short for Bitcoin from the same group of people? History keeps repeating itself, yet no one learns from it. Ultimately, whether you can reach the top depends on your fate and luck. Of course, this is the outcome. The insights from the process in between are also a valuable asset. Stay alive! Best wishes! $BTC $ETH The present people do not see the moon of ancient times; the present moon once illuminated the ancient people.