#SUI的单边行情
The darkest moment for contract players in the crypto world: 160 million liquidation incident shocks the market!
These past few days, most people have actually not been doing well. Aside from those straightforward spot traders who might have made some extra cash, most contract players are either quickly closing long positions, getting trapped in short positions, or directly facing liquidation, losing everything.
Yesterday in the square, I met someone who opened a sui contract, and they directly lost 160 million, it was a disaster. Don't always think you can avoid every wave of big ups and downs; in the crypto world, playing contracts is like drug addiction, it can be addictive. We often say, if I had that much money, I definitely wouldn't play contracts.
Yesterday I took a stroll around the square and saw those opening short positions, each one looking worried and frowning. Some said if it drops back, they would sacrifice a pig to the heavens; others said they would be willing to run naked for a kilometer. Anyway, it was all kinds of praying and hoping for a quick drop.
It will definitely drop, but this process might be particularly long and torturous for everyone.
I guess most technical analysts now, like me, probably don’t dare to speak casually anymore. Those who opened short positions are scared, and those who opened long positions either closed early or got liquidated by spikes.
But to put it back, at this position, risk is risk; although it hasn't materialized yet, it is indeed already very high. I am also reflecting; maybe I warned too early. When emotions rise, everyone goes crazy; sometimes the momentum shifts suddenly and will at least last a long time.
BTC currently has a market cap of about 2.8 trillion, and every time it reaches this position, there is basically a big drop the following month. This BTC trend makes me ponder whether this could be the peak of this bull market. It has been like this every time before; I wonder if it will break the exception this time.
On the daily level, there isn't much to say. The trading volume is so high at the top, the pattern looks pretty good, and there haven't been any signs of a pullback yet.
Recently, I plan to ambush a potential coin that is about to explode; it is quite easy to double. At the same time, I am also looking for some potential coins to hold until the end of the year, expecting a return of 2-3 times or more is not a problem. If you want to keep up, follow and share without charge.
