Entering long order layout, already enjoyed it, the crypto world is not about who earns faster, but rather who survives longer. It seems everyone really has no money this time! The bearish traders have reached a pitiful level during this wave of Bitcoin's fall, with 220,000 people getting liquidated within 24 hours, but the amount is only 500 million USD, averaging less than 2800 USD per person. During the same period, at least a few billion USD, indicating that the pros and retail investors have almost all been liquidated.

To be honest, this market is the lowest level of panic since I entered the crypto world. In the past, retail investors could still indulge in dreams about altcoins and recharge their faith in them, but what about now? Bitcoin has risen from 15,000 to 120,000, an increase of 8 times, and ETH has also risen from 800 to 4900, a 6-fold increase, while most altcoins have been falling from their highs, and their market value is almost gone.
The rare short-selling feast in the market is happening now, and the liquidation map shows that everyone is shorting. The bullish traders are gone, and it seems that everyone is really desperate about this market situation.
The current market is not just a little difficult to navigate; buying the dip seems endless, and just when you think there’s a rebound, it gets smashed down again. The K-line is like a startled bird, jumping up and down.
Maybe the main force will bounce back to liquidate the bearish traders, because the bullish traders can no longer draw out the oil.