The crypto market has no tears, only the sound of leverage breaking — Behind the $176 million liquidation is the ultimate game between retail investors and whales!

In the past 12 hours, $176 million has been liquidated across the network, with long positions accounting for $119 million! This is not a coincidence; the market is forcefully deleveraging. I see many newcomers starting to cry out again, but those who truly understand know that this kind of cleansing actually makes the market healthier.

The current market is like a heavy rain, washing away those who are holding onto positions and using high leverage. The fluctuation of Bitcoin between $110,000 and $115,000 is not a bad thing; it's solidifying the bottom and accumulating strength for the next breakthrough.

In my personal judgment, after this round of cleansing, the market is likely to enter a healthy upward trend. Why? Three reasons:

First, the majority of liquidations are long positions, indicating that the bears do not have an absolute advantage;

Second, whale addresses continue to accumulate, and big funds are not afraid at all;

Third, the probability of the Federal Reserve cutting interest rates in September exceeds 80%, and liquidity expectations remain.

Don’t be scared by the superficial liquidation data. You need to see the essence: what is being cleansed is leverage, not the trend. A sharp drop in a bull market is not a risk but an opportunity.

It is often said that in the crypto world, to make money, you have to go against the majority. When everyone is in panic, you must dare to enter the market; when everyone is FOMOing, you must be willing to take profits.

Tonight, I will focus on observing the $110,000 position. If it can hold, it is very likely to be the low point of this adjustment. Remember, when others are fearful, I am greedy; when others are greedy, I am fearful.

The liquidation data may look frightening, but it is actually good for the market. After high leverage is cleared, there is less upward resistance, and the subsequent market is even healthier.

Is this wave of market the starting point of a bull market or a trap set by the whales? How high do you think Bitcoin can go? #加密市场回调

If you are still trapped, don’t worry, the opportunity is coming. Pay attention to Long Ge to seize the next opportunity; don’t wait until liquidation to remember me!