$ETH $BTC $BNB

Is your buddy in trouble again? The market is using real money to teach everyone a lesson: a bull market can drop suddenly, and leverage is a grave mistake.

After every violent surge, the market always reminds us of the oldest rule with a "buddy-style" painful case. This may not just be a simple pullback, but a profound risk education.

💥 Current core characteristics of the market:

1. Volatility is a standard feature of bull markets: In the early stages of the Federal Reserve's clear shift to easing and the onset of liquidity flooding, huge fluctuations are an inevitable manifestation of fierce capital competition and chip turnover. Sudden rises and falls are the “breath” of a bull market.

2. Leverage is the primary enemy: No matter how bullish the market is, high leverage will place you on the edge of a fragile cliff. A normal pullback is enough to become a reason for being “liquidated.” The market harvests not faith but excessively high risk exposure.

3. The narrative remains the same, but the logic is stronger: Core bull market narratives such as liquidity injection, institutional capital gate opening, and technological upgrades have not been destroyed; instead, they appear healthier due to this cleansing. A healthy bull market requires turnover, not just paper wealth with unrealized gains.

🛡️ What should be done now?

· Check your positions: Immediately assess leverage risk; the first principle of surviving a bull market is to “stay at the table.”

· Examine your assets: Focus your positions on core assets with solid narratives (like BTC, ETH) and fundamental support, and steer clear of purely emotional chips.

· Utilize volatility: For prudent long-term investors, the panic selling caused by irrational declines is often a precious gift.

Remember, a bull market does not take responsibility for making every leveraged trader wealthy; it only rewards those with a deep understanding of trends who can hold on patiently until the end.

(The above observations and discussions on risk management are based on market phenomena and do not constitute any investment advice.)