$ETH $BTC $ZEC
Have you ever heard the saying: "Buy against your buddy, villas by the sea"?
Just last night, this saying was once again brutally validated by the market! 😱
Buddy's 25 times Ethereum long position suffered partial liquidation, with a single loss exceeding 22.7 million USD, and the forced liquidation price stopped at $3009.76! (Already liquidated)
Does this number make you gasp? 😰 And he still has 2300 ETH remaining in his position, whether to continue holding or decisively exit, no one can say for sure...
This wave has once again revealed the monstrous side of leverage—behind high returns, there is often a bloody wash of high risk. Many people regard Buddy as a "contrarian indicator", but is the market really that simple? 💭
Blindly following the opposite can also lead to pitfalls; true wisdom is always: light positions, low leverage, and maintaining calm.
Have you ever made money or lost money by following or going against the trend?
Come to the comments section to share your experiences and thoughts👇 Let's avoid pitfalls and grow together!
