Waking up, the sky has fallen.

It's been a long time since I've seen a decline of this scale and magnitude. Only 4 assets on the entire platform are up, including the new coin $MOVE. In my watchlist, it's needless to say, everything is down, and many have double-digit declines. Although it's all spot trading, the gains accumulated over a long time have suddenly collapsed.

One can imagine that many long contracts in the entire market have been liquidated. I hope this decline is just a small episode in the process of the bull market, and the overall trend will continue to rise and improve. This crash also reminds us to manage leverage and positions well; if we can't handle extreme market conditions or don't have a good grasp, we should firmly hold onto our spot assets.

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