#永续合约交易 Damn, realized a loss of $511 million vs. a profit of $312 million, this data is really incredible 😤 A bunch of people are still admitting losses and running during the rebound, indicating that the market is really doing its final clearing. This kind of capitulation sell-off is often a bottom signal, brothers!

I think Eugene's approach is quite clear-headed too. The longs have already taken profits and closed, only holding the core Bitcoin position, waiting for the psychological barrier of $100,000 to be broken before getting back in. Instead of being stuck in the awkward range of 94,000-100,000, it's better to make money and exit first. January has always been volatile, and at such times, it's actually an opportunity for perpetual contract traders—the stop-loss orders have been cleared, and the subsequent rebound to wipe out shorts will be incredible 🚀

At this point, the market structure has been set, and those who need to admit losses have done so. Whoever gets in first next might be the winner, and FOMO is starting to stir.