The darkest day for altcoins: 10 billion yuan liquidated overnight in the crypto market!
On December 10th, 370,000 contracts were liquidated, amounting to nearly 10 billion yuan! This data also indicates how strong the chasing sentiment in the recent market has been.
But the market has always been real; once price and value diverge, they must converge. Bubbles must be partially washed away. The current crypto market is a time for a crazy cleansing of high leverage and speculators. The more anxious one is to make money and recoup losses, the more one must endure solitude.
The market rhythm accelerates, and everyone's emotions fluctuate accordingly. At this time, it is crucial to control the restless mindset. As we enter the end of 2024, there are actually no skills to speak of in the market; over-analyzing the situation will only make you more anxious. Instead, one should focus on the realities of life, improve oneself, and enhance one’s abilities.
There are no shortcuts in the crypto world; only by continuously improving oneself and progressing steadily can one adapt to the situation and achieve personal goals.
Seeing today’s plunge, I hope everyone stays away from high leverage and bids farewell to short-sighted behaviors of chasing highs and cutting losses. The previously arranged DOGE, XRP, PNUT, WIF, APT, OP, UIN, LINK, and EIGEN are all good choices.
A major drop is an opportunity; for the upcoming arrangements, I will continue to guide everyone in seizing the lucrative opportunities in altcoins. For those with difficulty choosing or new friends who don’t know what to pick, comment 111 to follow along.
I have selected several quality coins in the battle team; holding them for the long term will definitely yield rewards!