In the past 24 hours, the total liquidation amount across the network reached 744 million USD - long positions 435 million, short positions 308 million.
In summary: Neither side made money; only the exchanges profited.
This kind of 'dual explosion' in the market is actually a manifestation of extreme emotional speculation.
When you dare not chase the rise and are reluctant to sell during the fall, volatility becomes a tool for harvesting.
Market makers use severe fluctuations to completely wash away floating positions, while also allowing panic and greed to take turns at the forefront.
Many people see the liquidation data and feel shocked, but overlook the signals behind it:
- The funds have not truly left the market; they are just being vigorously exchanged.
The short-term sell-offs and rallies are merely a process of reallocating long and short forces.
In such an environment, emotional trading is the biggest enemy.
If you are bullish, it hits you; if you are bearish, it pulls you up.
Those who can endure the volatility cycle are often not the ones who guessed the right direction, but rather those who have 'lived long enough.'
Remember: The market is never short of sharp rises and falls; what it lacks are traders who can maintain their composure.
When both sides suffer, the calm ones actually win at the starting point.
