Trading is not about moving forward with a heavy burden, but about following the trend.
We have been reminding people of risks since December. The post on January 12 has already reminded people not to participate in the fishtail market, because the ones who will be harvested are the retail investors who chase the long positions. Therefore, our positions have been very light recently, and it was not until this morning that they increased to more than 85%. Our retracement in this round of decline was controlled at 10%, which is not an exaggeration to say that we are the best in the market. So always respect the market and leverage. Only those who keep the principal are the real winners!
Market analysis on February 3, 2025:
- BTC plummeted 6.83%, hitting a low of $91,130 per coin
- ETH plummeted 25%, hitting a new low of $2,080 per coin in the past year
- TRUMP coin fell to $15.554 per coin, a 24-hour drop of 17%
- 720,000 people were liquidated, with a total amount of $2.21 billion
Important data details:
- BTC has fallen for four consecutive trading days
- Long orders were liquidated for $1.87 billion, and short orders were liquidated for $340 million
- The largest single liquidation: Binance-ETH, $25.635 million
- TRUMP coin fell from $43 to $15.554 in 12 days
Main reasons for the decline:
- Trump threatened to impose import tariffs on Canada, Mexico and China
- DeepSeek surpassed ChatGPT, triggering turmoil in US technology stocks
- Nvidia's market value plummeted, affecting overall risk assets
- Market risk aversion heats up
Market risk warning:
- Mainstream currencies collectively plummeted, and market panic spread
- Geopolitical risks intensified
- AI concept stocks fluctuated more
- Leveraged trading risks increased significantly
Investment advice:
- Control positions and strictly stop losses
- Avoid chasing declines and bottom-fishing
- Pay attention to policy changes
- Use leverage with caution
Risk warning: During the period of drastic market fluctuations, investors are advised to remain rational and do a good job of risk management.
