Has the cryptocurrency market continued to crash and have you been liquidated?
Recently, the cryptocurrency market has been in complete chaos, and the suffering of investors has almost reached its limit. The dismal performance of the market over the past two years has caused many to collapse, as if the entire market is working against the investors.
Last night, many people experienced liquidation, with tens of thousands losing almost everything overnight. Now, retail investors are no longer respected; the entire market seems to be toying with them as if they are fools, which is truly disheartening.
Especially with altcoins, many projects have directly fallen below their opening prices, showing no bottom line. The cryptocurrency market now lacks regulation, and the so-called "big players" can do whatever they want, leaving investors unable to stop this robbery.
This situation is very nauseating and helpless. Although Bitcoin has seen a recent surge, it has never brought enough market volume to support it, remaining a volume-less increase. Such a rise cannot possibly be sustained.
However, the speed and depth of the market's decline still caught everyone off guard, especially the drop before the 20th; no one expected it to be so abrupt. For many investors, this is simply a profound lesson.