Prepare for the bull market by clearing leverage contracts aggressively.

In 2021, before the bull market hit, March 12th saw a 100% liquidation of long leverages, wiping out every long position. Short sellers were also caught off guard, unable to buy the dip due to their own liquidations.

Only the bears, professional shorters, remained. Yet, even they were eventually swept away by the relentless surge after March 12th.

The 2017 bull market, dominated by Chinese investors, was even more intense. Massive liquidations and exchange relocations ensued, with spot traders selling off all their chips, leaving nowhere to buy.

Just two months later, Bitcoin and altcoins skyrocketed, with Bitcoin nearly reaching $20,000.

In short: The fiercer the washout, the more ferocious the surge.

Veteran traders in leveraged contracts have countless tales, but few are shared.

The NPC's advice? Steer clear of contracts, hold onto your spot chips, and enjoy the show.
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