$pippin This wave of trend is indeed fierce. In the past 24 hours, the short liquidations have exceeded $10,430,200, and the main players are clearly cleaning up short funds. Yesterday, some predicted a bullish opportunity in advance, and traders who kept up with the rhythm should have reaped decent rewards.

The change in market sentiment is very obvious - the funding rate has flipped from negative to positive, indicating that after a large amount of short positions were liquidated, the bulls have begun to dominate. In this kind of one-sided market, the cost of going against the trend is just so brutal.

Tonight, pay close attention to the Federal Reserve's policy meeting, as interest rate cut expectations may trigger a new round of volatility. At such a critical moment, whether going long or short, be sure to control your position well, and don't let a wave of market trends swallow up your principal. High volatility means high risk, and while staying up late to monitor the market, remember to set stop losses.

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