$ETH this wave of stabbing, I could have made a killing, but ended up losing 8,000, and I’m stunned.

Just now, I watched $ETH climb from 1721 all the way up, and my 30x short position was directly floating at a loss of 11 dollars, a -8.1% return, my hands trembling.

Entry price was 1721.87, current price 1726.52, just a few minutes ago it was still swinging around 1700, but I couldn’t resist opening a position, betting it would continue to spike down to 1500.

At that moment, I was thinking, it’s fallen so sharply, the fees are high, it must keep killing the longs, but I was the one being killed. Watching the candlestick swallow all the decline with a single bullish candle, my mind was buzzing, I really wanted to chop off my hand.

High fees are signals; market sentiment is one-sided. I really jumped into the fire pit this time.

Next time I see this kind of spike market, I need to look at the liquidation chart more carefully before rushing in — just now, that spike up, didn’t I see how many short positions got blown out? Don’t chase after spikes, accept the break, that’s what I tell myself.

Have you ever been tricked into thinking there was a fake breakdown? Share in the comments.

By the way, this move just now reminded me of something — the World Cup prediction market has been pretty hot lately!

Look, this wave of $ETH rising from 1721 to 1726 in a few minutes is like a penalty shootout in the World Cup, a single thought difference can turn the tide.

In this kind of emotion-driven market, funds will flow from altcoins to mainstream coins, $ETH ’s short-term liquidity will definitely be tight, and the contract liquidation zone will also shift upward.