Two-Wheeled Liquidation
In the morning, a needle was inserted into the big pancake at 90,000. I mentioned this yesterday, and we also saw the contract's heat liquidation chart, where over 80% of long positions would be liquidated at 90,000. If it goes down to 89,000, all long positions might get liquidated. To be honest, I didn't expect it to be this harsh; the market took over 2,000 points.
At this critical moment, the market is relatively volatile, focusing on stability without too much movement. I took a small portion of short positions. Liquidation is almost done, and the big pancake doesn't need to carry a heavy burden anymore; the rise shouldn't be too difficult.