In 4 hours, over $22 million liquidated, bulls wiped out! Dare to gamble easily?
The market once again staged a great show of 'cutting leeks'! According to Coinglass data, the total liquidation amount in the past 4 hours reached $22.2065 million, of which long positions accounted for $18.6779 million, while short positions were relatively fewer, totaling only $3.5449 million. Clearly, the bulls were utterly devastated this time, and market sentiment has been rapidly amplified again.
This wave of bull slaughter reminds us once again that blindly gambling is definitely not a wise move! The market changes rapidly, and a little carelessness can lead to ruthless 'harvesting' by the market. How to prevent this? Remember, position management, stop-loss discipline, and risk control awareness are all essential. The market doesn't soar every day, and being well-prepared in advance will allow you to laugh last at crucial moments.
Want to know how to operate in the next wave of market? Follow Lao Chen, and I'll help you maintain the rhythm and avoid pitfalls!
