Recently, the market has plummeted, and it is during such times that patience is tested. The current trend has not changed; this pullback is mainly to clear contracts and leverage in the market, as evidenced by the proportion of liquidations.

Since Trump took office, many people have been going long; the market is 'too heavy,' and if the main forces want to pull up the market, they must first clear out those investors using contracts and leverage.

At this time, those who can hold on may become winners; if you can't hold on and exit early, you will be eliminated. This is the harsh reality of the market.

As more retail and institutional investors enter the market, the situation will only become more complex, and it will become increasingly difficult for retail investors to make money on their own.

The road of a bull market has never been smooth; there will be countless twists and turns along the way.

But no matter how bumpy it gets along the way, you will eventually reach your destination.

In this process, the key is to stay calm and accumulate experience.

If you have experienced this bull market, the next one will be even more relaxed; if you haven't experienced this one, you will still encounter the next one.

For traders, experience is the most valuable asset.

This is the reality of the crypto world, which has always been bloody and cruel; every bull and bear cycle is like this.

The main purpose of this market movement is to clean up long leverage and contracts.

Remember, hope often arises from despair.

This is also why I have always reminded everyone not to easily use contracts and leverage.

If you hold spot assets, there is really nothing to fear.

Regardless of market ups and downs, the quantity of assets you hold will not decrease; as long as the price rebounds, the net asset value will also recover.

But if you use contracts and leverage, a slight fluctuation in the market, even if the price eventually returns to the original point, your position may already be gone, which is the real loss.

Overusing contracts and leverage is a manifestation of greed, and greed often leads to losses.

That's how the financial market works; the more anxious you are, the harder it is to achieve.

Only by maintaining a calm mindset, managing risks well, being grounded, and acting according to the rules can one reap rewards.

Remember, slow is fast!

To borrow a phrase from Zhu Yuanzhang: 'Build high walls, accumulate grain, and take your time to claim the throne.' 'Building high walls' means cultivating inner strength and learning investment strategies; 'accumulating grain' means accumulating cash flow and maintaining financial health.

If you do these well, success will naturally come, without the need to rush.

I am Fule, follow me! Avoid pitfalls on the investment road! #加密市场回调 #比特币四年周期将改变?