The current contract holdings are more than the peak of the last bull market. At present, it is more like the leverage cleanup after the Defi summer of the last bull market. You think that leverage cleanup is to knock down all positions directly with a needle, but this round is a drop and rise, and then drop and rise again, slowly grinding away all leverage. So during this period, try to watch less and operate less, protect the principal, the wind will come, but the time has not come yet.
