Yesterday's positive CPI data pushed the market up directly, but then the market began to fall as the interest rate remained unchanged at the interest rate meeting. This kind of market volatility is very challenging for short-term traders, and they may experience drastic fluctuations if they are not careful.

In such a market environment, it is best to avoid short-term trading, because trading in this situation is often full of gambling. Although we know that the improvement of CPI data is beneficial to the market in the long run, this long-term benefit may not be reflected in the market immediately. Therefore, when trading, you should avoid such opportunities and would rather miss opportunities than take risks.

Today, another well-known figure in the cryptocurrency field got into trouble because of lending problems. For example, the founder of FTX once caused a major disaster for the top three exchanges under its umbrella due to lending problems. Similarly, LUNA also fell directly from the fourth place in market value ranking due to lending problems.

Whether it is LUNA, FTX or today's CRV, their problems can be traced back to the difficulties in lending. The difference is that the former two were liquidated due to lending in the bear market, while CRV faced the problem of lending liquidation in the bull market. This phenomenon reveals the common challenges in two different market situations.

First point: Lending is risky. No matter whether the market is in a bull market or a bear market, you should not borrow lightly. Once a loan is liquidated, even if you have a large amount of assets, you will find it difficult to bear the loss.

Second point: Not all cryptocurrencies will rise in a bull market. Some people may think that currencies like LUNA and FTX that are borrowed in a bear market are riskier, and all currencies will rise in a bull market. However, no one can guarantee that all currencies will rise in price in a bull market, nor can they guarantee that the currencies in one's hands will rise.

This concept is actually a misunderstanding. Whether the market is a bull market or a bear market, the key to the main force's market crash is not capital, but data and market sentiment.

Therefore, whether in a bull market or a bear market, lending, contracts and leveraged trading are all high-risk products. These are not areas that ordinary investors should get involved in, so be sure to keep your distance.

From the perspective of the weekly chart, CRV's trend is very unsatisfactory. Even without considering today's events, CRV has been hitting new lows. In the callback in April this year, although other currencies did not break new lows, CRV showed strong weakness. Today's events have only exacerbated the market's uneasiness.

The strength of the trend can be seen in advance from the market. Even without today's liquidation event, many investors might not pay attention to CRV. Compared with FTX and LUNA, the biggest difference between CRV and FTX is that the latter two are at the top of the market, while CRV is at the bottom of the market. Therefore, the panic caused by today's liquidation event may not be as great as the former two. After all, the price is already at the bottom, which will not have much impact on those who invest in CRV.

From the short-term trend, CRV's drop to around $0.2 has attracted many people to buy at the bottom. The main force will also seize such an opportunity to collect enough chips. Since many investors are considering buying at the bottom, it is difficult to see the possibility of a sharp rise in prices in the short term.