Having been in the crypto space for 8 years, to be honest, I've seen too many tragedies of 'always losing when opening a position and precise liquidations'. Is it often like this? You see the market trends clearly, open a position with confidence, and then come back from the bathroom to find your position gone! You wake up from a nap, the price hasn't changed, and your position is also gone!

Contracts, to put it simply, are about using small amounts of money to control large positions. It sounds great, but the essence is leverage! Leverage amplifies your profits, but it also amplifies your risks! You could have had a back-and-forth with the market, but with contracts, it's a one-shot deal!

For example, if you have 100 units and open a 10x leverage position, you're controlling a position worth 1000 units. If the market rises by 10%, your profits double! But if the market goes down by 10%, sorry, you get liquidated, and your account is wiped out!

The contract market is a zero-sum game; every penny you earn is a loss for someone else, and vice versa. This is not a contest among retail investors, but a game between retail investors and large funds!

What really drives the market are the big players and institutions! They don't care about short-term fluctuations; they focus on the stop-loss levels in the market! They will first wash out the small players, then decide whether to pump or dump!

When there are too many long or short positions, large funds will use volatility to trigger the liquidation points of leveraged players! After a batch of people leave the market passively, they will then control the market and move at their own pace!

So beginners are often the first to get washed out. Why? High leverage, positions can't hold, and are easily harvested!

If you want to survive in the crypto space, remember this: trade for safety, not for profit!

If you want to achieve stable profits, first set aside your eagerness for quick success and fantasies of getting rich overnight!

Remember these three points:

1. Don't rely on luck to turn things around! The market is not a philanthropist! Money earned by luck will eventually be lost through skill! Discipline is key!

2. Don't let the market force you to make decisions! Think about what to do if you incur losses or make profits before opening a position! Don't find yourself in a dilemma later!

3. Be the lover of the market, not the prey! Don't go head-to-head with the market! If you're wrong, admit it; if you get hit, stand straight! Timely stop-losses allow you to seize the next opportunity! Buy quietly when others are panicking! Leave quietly when others are being reckless! Don't think about making that last penny; think about how to survive until the next opportunity!

🔥 Current market hardcore guide

$BTC: Weekend fluctuations, solidifying the bottom. 74000 and 68000 are support levels; you can continue to dollar-cost average near 80,000!

$BNB: The CZ couple is constantly promoting big influencers; this kind of selling model won't last long! Let's wait until Bitcoin stabilizes!

$ETH: Expected to fluctuate around 2000, looking forward to the Prague upgrade in April! It's already oversold; you can buy some spot to hold!

Some important news from yesterday:

1. Analysis: Bitcoin momentum shows short-term potential, but still leans towards long-term bearish due to low trading volume.

2. Bloomberg: The U.S. House Financial Services Committee is expected to review stablecoin legislation on April 2.

Now back to today's daily BTC technical analysis: From the K-line perspective, the 1-hour level is slightly bullish, the 4-hour level is sideways, the 12-hour level is sideways, and the daily level is sideways, with an intraday resistance at 86500 and support at 81400 USD.

Contracts can let you experience instant wealth, but they can also teach you what it means to be a 'zero artist'.