Having been in the crypto world for 8 years, to be honest, I've seen too many tragedies of "always losing when opening a position, getting liquidated precisely." Is it often like this? You spot the market, open a position with full confidence, and then come back from the bathroom to find your position gone! You wake up after a sleep, the price hasn't changed, and your position is gone too!

Contracts, to put it simply, are about using a small amount of money to play with a large position. It sounds great, but the essence is leverage! Leverage amplifies your profits while also amplifying your risks! Originally, you could have a back-and-forth with the market, but once you play with contracts, it's a winner-takes-all situation!

For example, if you have 100 yuan and use 10x leverage, it means you are controlling a position of 1000 yuan. If the market rises by 10%, your profits double! But if the market goes down by 10%, sorry, you get liquidated, and your account goes to zero!

The futures market is a zero-sum game; every penny you earn is a loss for someone else, and vice versa. This is not a contest between retail investors, but a game between retail investors and large funds!

What truly drives the market are the big players and institutions! They don't care about short-term ups and downs; what they focus on are the stop-loss levels in the market! They will first wash out the small players and then decide whether to pump or dump!

When there are too many long or short positions, large funds will use volatility to hit the liquidation points of leveraged players! After a batch of people passively exit the market, they will come back to control the market and move at their own pace!

So beginners are often the first to get washed out, why? High leverage, can't hold the position, and are the easiest to be harvested!

If you want to survive in the crypto world, remember one thing: trade not for profit, but for safety!

If you want to achieve stable profits, first set aside your eager heart that seeks quick success and fantasizes about getting rich overnight!

Remember these three points:

1. Don't rely on luck to turn things around! The market is not a philanthropist! Money earned by luck will eventually be lost through skill! You need to rely on discipline!

2. Don't let the market force you to make decisions! Think about what to do if you lose and what to do if you profit before opening a position! Don't get stuck in a dilemma later!

3. When the market is a lover, don’t be the prey! Don’t confront the market head-on! If you're wrong, admit it; if you get hit, stand tall! Cut your losses in time to seize the next opportunity! When others panic, you quietly buy! When others go crazy, you quietly leave! Don’t think about earning the last penny; think about how to survive until the next opportunity!

🔥 Current Market Hardcore Guide

BTC: Weekend consolidation, solidifying the bottom. 74000 and 68000 are support levels, and near 80,000, you can continue to dollar-cost average into spot!

GT: The speed of new listings has slowed down, and the overall quality is not high at launch; there may be some sell-offs. Those who are optimistic about the platform's growth can hold for the long term.
ETH: Expected to fluctuate around 2000, looking forward to the Prague upgrade in April! It has already been oversold, you can buy some spot to hold!

Important news from yesterday:

1. Analysis: Bitcoin's momentum shows short-term potential, but due to low trading volume, it still tends to be bearish in the long term.

2. Bloomberg: The U.S. House Financial Services Committee is expected to review the stablecoin legislation draft on April 2.

Speaking of today's daily BTC technical market analysis, the hourly level shows a sideways trend leaning upwards, the 4-hour level is sideways, the 12-hour level is sideways, and the daily level is sideways. The intraday resistance level is 86500, and the support level is 81400 USD.

Contracts can let you experience instant wealth, but they can also make you understand what it means to be a "zero artist." Brothers, report your numbers in the comments. The brother who gets liquidated the worst, I will personally send you 0.01BTC as a healing fee (manual dog head).

Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% reverse indicator Buff, don't blame me if the market hits back.