【Crypto Bloodbath Day: Survival Guide for High Volatility Market】
A bloody script appeared at three in the morning—certain low market cap token violently surged 280% before crashing to zero, with the K-line showing a 'heart-stopping' trend. On-chain tracking revealed that the main force built positions 72 hours in advance, and after the surge, they sold off in batches through over 40 anonymous addresses, directly trapping retail investors who chased the rise. BTC was dragged down, breaking the critical support of 60800, and ETH lost the 2880 defense line. The market's fear index soared to a year-high, comparable to the night of the LUNA crash. The contract market turned into a battlefield of mutual destruction, with the average decline of altcoins on three major exchanges exceeding 23%, and those shouting 'bargain hunting opportunity' in live streams fell silent collectively.
High-leverage players suffered heavy losses, with a certain platform triggering $160 million in long liquidations within two hours, and the top 10 liquidation rankings were all occupied by positions over 50 times. Elon Musk's concept coin barely held the line, but on-chain alarms indicated that a certain whale was transferring SHIB in bulk to exchanges, a signal that even veterans understand—signs of a run.
Three life-saving charms for the bros:
Spot traders: Close software, delete apps, and mute all 'earth-shattering positive news' noise in the community.
Contract traders: Immediately close positions to lock in losses, stay away from the current meat grinder market.
Daredevils: If you want to play, only use pocket money to invest in new coins, set hard stop losses and never hold positions.
(Extreme market warning: Small tokens' volatility exceeds normal levels by 300%, with extremely high risk of going to zero.)
Hardcore data recap
▶ On-chain selling pressure: The involved token project has cashed out a total of $8.5 million.
▶ Exchange anomalies: SHIB's net inflow in a single day surged by 40 million tokens.
▶ Long-short imbalance: The proportion of BTC contract longs fell below 28%, hitting a monthly low.
Can't understand the main force's tactics? Like, follow, and leave a comment in the comment area.
I am Lin Ting, a practical trader who has crossed through three rounds of bull and bear markets.
(Invest wisely, always remember the DYOR principle.)
