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I just ate the "Liang Xi" melon
Everyone in the crypto circle should be familiar with the name Liang Xi, from mythology to neuroscience...
He rolled over from high leverage and high-frequency trading to tens of millions, then to heavy debt!
What does his lesson tell us?
Always lock in profits!
In 2021, Liang Xi misjudged the $BTC market trend, leading from 16.17k in debt to 200 million...
This shows his high leverage trading, emotional trading, and strategy failure!
Now in the crypto world, you need to learn more than just candlestick charts; you also need to consider global finance, politics, and other factors!
$BTC 's rise and fall affects every small trader deeply involved in crypto.
Currently, $BTC 's long/short ratio has surged by 44.7% to 6.91; whales have significantly reduced their short positions by 33.9%.
BTC's market cap has exceeded Tesla's $1.617 trillion
The market's valuation of it will increasingly resemble global assets rather than just highly volatile assets.
For Bitcoin, I still stick to my view of an 8.2 to 8.5 trillion market cap in this bull run, with a potential surge to 9 trillion.
Click below to trade 👇
$BTC