At 3 AM on $BTC , Old Chen stared at the plunging K-line on his phone screen, his fingertip hovering over the 'Close Position' button for half an hour. That night, when Bitcoin dropped from 60,000 to below 40,000, he had just added three times leverage, and at this moment, his account balance was evaporating at a visible rate, like a bucket with a hole in the bottom.

'Just wait a bit, it will definitely rebound.' He murmured to the empty living room, the cigarette butts in the ashtray piled up like a small mountain. The Porsche key his friend posted last week was still lying in his WeChat, and that voice message saying, 'This wave will at least see 100,000' now sounded like a poisoned joke.

When dawn broke, the platform sent a liquidation notice. Old Chen slumped in his chair, recalling the afternoon three months ago when he secretly transferred his daughter's study abroad funds into his account, the sunlight filtering through the window leaving a spot on the transfer receipt, overlapping with the glaring red numbers on the screen now.

He opened the WeChat moments of the analyst who claimed to be 'back from Wall Street', the latest post was from 11 PM last night: 'A pullback is an opportunity to get in, the target remains unchanged, just do it!' Below it were hundreds of comments praising the 'teacher's power', and the likes were still increasing.

His phone suddenly vibrated; it was a video call from his wife. Old Chen took a deep breath, wiped his face, and quickly switched the K-line chart to his desktop wallpaper— it was his daughter's smiling face in her school uniform.

'Honey, our daughter said she wants a new backpack.' His wife's voice was filled with laughter, and in the background, their daughter was chattering noisily.

'Sure,' Old Chen forced a smile, feeling pain in his back molars, 'Dad will transfer you the money right away.'

After hanging up, he stared at the 'Recharge' button for a long time, and finally, his finger slid towards the contact labeled 'Loan Shark' in his phonebook. The sky outside had brightened, but he felt that the darkness before him was even deeper than midnight. #GalaxyDigital抛售比特币