$FUN Burn it down, 0.98 peak today down to 0.7, you guys can confidently short, because it went up to 0.9 + funding has nearly burned out for the last 4 days at 0.5->0.7 or has completely cut losses, confidently short
When people talk too much, they call it nonsense, we need to teach the James team some techniques, it's just that the market makers want to sweep liquidity to profit, it's nothing fancy.
WSS BTC
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🚨 TRAGEDY: JAMES WYNN LOSES $16 MILLION IN A HORRIFYING LIQUIDATION SWEEP! ⚠️🔥
🐳 SHOCKING EVENTS: - James Wynn was liquidated for 155.38 BTC when the market turned. - Lost a staggering $16.14 million in just a few minutes.
🚩 CRITICAL BOTTLENECK: - Over-leveraging in a volatile zone. - The market broke support ➔ Automatic liquidation immediately.
🎯 REASONS FOR MARKET REVERSAL: - Previous bearish divergence warning. - Hot funding rate indicating overcrowded longs. - Whales simultaneously reduced leverage, creating a chain reaction.
⚔️ VALUABLE LESSONS: - High leverage = quick gains - quick losses. - Stop loss discipline must always be the number one priority. - Don’t be overly confident in personal predictions. - Always monitor whales using on-chain data tools.
💡 CONCLUSION: > Wynn is not a novice but still lost quickly. > Capital management is always a vital factor for every trader.
❓ In your opinion: If today is Wynn, who will it be tomorrow? Drop your thoughts below to continue the discussion! 👇👇👇
if you can bear the loss, you can bear the profit, TP1 0.35, TP2 0.22
Francie Vanamerongen BGQB
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$WCT ae congratulate me. The sound of selling the whole car has successfully reached the shore and is about to make a profit. I will not close it early to take revenge for the days it tormented me.
It's really exhausting. I accidentally shorted at 106k and missed a strong upward wave. Well, today I'll cut losses a bit and optimize my scalping trade.