Clearly, $BTC is being harvested, and yet a group of people are rushing in.

I just took a look earlier, and it completely threw me off.

7x leverage, entry price 65,031, now 63,024. Unrealized loss of 31 US dollars, return rate -21.61%.

I originally just wanted to see how someone could turn 63 US dollars into over 3,700 US dollars with some divine operation, but I got impulsive and rushed in myself. Now my account is so green it hurts my eyes. Not the kind of green from a sudden surge, but the green from being trapped.

Back then, when I saw others sharing their gains, I was still laughing at the clueless market makers not sleeping and sending red envelopes. Now, it’s different—market makers are awake, and I’ve become the red envelope.

When I entered, I thought $BTC had been sideways for so long, it was time for a bounce. But the bounce hit me in the face instead. That’s just how the market is—you think you’re smart, and it’s always ready to teach you a lesson.

This position isn’t completely without thought. Look at STRC—continuous de-pegging, leverage liquidations hitting new lows, hitting the 82-85 range intraday.

That’s really brutal—forced liquidations directly smashing through the price. Compared to that, my 21% unrealized loss doesn’t seem so painful.

But I have to say, the recent liquidation wave on the altcoin chains drained liquidity quite heavily. $BTC might want to rally short-term, but it probably has to wait until the leverage on those chains is cleaned up.

Do you think I can hold this position? Or should I just admit defeat early?
#我的Gate交易时刻 #美伊谈判推迟 #TradFiCFD黄金大师赛