2.24 Ethereum short position profit target reminder
Be patient and wait for the accelerated drop, with a profit target near 1690; For those eagerly awaiting, the bulls have finally entered the market; I'm afraid this market would forcefully rebound to trap the bulls if they didn't enter. As long as the bulls enter, even if they get stopped out, it's worth it 😂
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$BTC Tonight's direction is out. If it breaks around 68500 and stabilizes, the next target is 70500. The next target after that is 72500. Whether it can stabilize is something to look forward to. This time the target of 30,000 has been achieved, thanks to everyone's strong support! During your free time, $BTC will continue to issue welfare red envelopes 🧧🧧🧧🧧. Everyone needs to keep supporting your brother Mimi to reach 40,000 fans! Thank you all! Love you all!
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🚫 Part 16: The Futures Trap Topic: Why Beginners Should Avoid Futures Trading. If spot trading is like driving a car, Futures Trading is like flying a jet engine without a license. It is the number one way new traders lose 100% of their money in seconds. 1. The Danger of Leverage Leverage allows you to trade with money you don’t have. The Math: If you use 10x leverage, a small 10% drop in price equals a 100% loss for you. In the volatile world of crypto, a 10% move can happen in minutes. 2. Liquidation: The Point of No Return In spot trading, if your coin drops 50%, you still own the coin. You can wait for years for it to recover. In Futures, if the price hits your Liquidation Price, the exchange takes your money and closes your trade. Your money is gone forever. You cannot "wait" for it to come back. 3. The House Always Wins Exchanges charge "Funding Fees" every 8 hours to keep your position open. Over time, these fees eat your balance. Additionally, "Whales" often trigger sudden price spikes (called Scam Wicks) specifically to hit the liquidation levels of retail traders and take their money.
Cryptocurrency Sudden Major Drop: Triple Inducements and Path to Market Resolution
On February 1, 2026, the cryptocurrency market once again faced severe turbulence. Bitcoin$BTC 's daily drop expanded to 3.6%, briefly falling below the critical threshold of $92,000, Ethereum$ETH dropped below $3,200, and Altcoins like Solana saw declines exceeding 8%. The total liquidation amount across the network quickly approached $800 million, with the market's total value evaporating by approximately $100 billion in a single day. This major drop is not an isolated event, but rather an inevitable result of the interplay of three factors: macro sentiment, regulatory dynamics, and changes in market structure. The industry changes reflected behind this event warrant deeper reflection from investors.
1. Source of the Major Drop: Concentrated Outbreak of Cross-Market Transmission and Structural Contradictions
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