As an experienced investor, I find it important to issue a warning to everyone in the market. Currently, contract positions have reached unprecedented levels, while Bitcoin approaches a critical psychological resistance zone. This situation significantly increases the likelihood of a sharp correction. If you have been observing market cycles before, especially the bull market of 2021, this scenario should seem familiar. These conditions can trigger a domino effect of rapid declines, and being caught off guard can lead to significant losses.
I still clearly remember the events of September 7, 2021, when Bitcoin fell by 10% in just 15 minutes. Within an hour, many altcoins plummeted by more than 20%, wiping out huge fortunes in a matter of moments. Personally, my accumulated earnings — almost a million dollars since May 19 of that year — were wiped out overnight. These moments serve as a stark reminder of the market's volatility. Stay vigilant, manage your risks wisely, and never underestimate the speed at which the situation in the crypto markets can change.
