Recent market trends and liquidation data have already shown everything

In the past 24 hours, the total liquidation on the entire network reached 540 million USD, nearly 200,000 people were forced to liquidate, and the market can be said to be bloodied.
More importantly, long positions accounted for the majority of liquidations, with over 240 million USD just from longs, indicating a strong chasing-high sentiment. Once the price retraces, it results in a chain of stampedes.

This kind of market essentially is a typical high leverage + oscillation harvesting game, where the price hasn't truly established a trend, but leveraged funds are constantly being cleaned out, with rises killing shorts and falls killing longs, repeatedly harvesting.

What you see is oscillation; I see that those without risk control are just giving money to the market. That’s why I always emphasize that At takes the lead in trading, with risk control always being the top priority.

Don’t blindly chase highs, don’t stubbornly hold onto the wrong direction; take profits when needed, accept losses when necessary. Oscillating markets rely on rhythm, not gambling with your life.

The market creates opportunities every day, but it also eliminates people.
Those who survive are never the ones who earn the fastest,
but those who have the smallest retracements and survive the longest.