I found that people really shouldn't be stubborn

Especially in the futures market

Because the market is notorious for punishing all disobedience

---

A few days ago, I was still saying in the group.

$BICO Can this position still go up?

If it goes up again, I’ll eat my keyboard live.

But today I opened my account.

The keyboard is safe.

But I didn’t make it.

---BICO short position.

9x full margin.

Opened at 0.0369.

Current price 0.0502.

Floating loss over 700 USD.

Return rate -232%.

It doesn’t seem particularly scary.

But it’s disgusting.

Especially disgusting.

---

Because it didn’t drop all at once.

It’s rising a little every day. Giving you hope every day.

Then it rises a little more.

And then slaps you in the face.

---

At first, I thought.

Above 0.04, surely someone would run.

But no one ran.

Later, I thought.

At 0.045, surely someone would dump.

But no one dumped.

Then I thought again.

At 0.05, it should have a pullback. But the market told me:

Who do you think you are?

---

The most painful part is.

Every time I prepare to cut losses.

It dips a little.

Making you think there’s a chance.

Then it continues to rise again.

Like fishing.

Hooking the shorts tightly.

---

And then look at the one beside it. BEAT

I don’t even want to talk about it.

---

51 USD margin.

Lost nearly 4000 USD.

Return rate over -7000%.

This is no longer a loss.

It’s performance art.

---

Whenever I see the letters BEAT now.

My blood pressure rises.

I used to watch it every day, thinking this thing would eventually go to zero.

But it didn’t go to zero.

And I’m about to go to zero.

---

The funniest thing is.

A few days ago, I saw others going long.

I even left a comment:

“Be careful of getting caught holding the bag.”

Now looking back.

I don’t know who got caught holding the bag.

And I was the one who got caught with a flying knife.

---

Recently, this market is really strange. Truly strange.

$RE People are shouting top every day.

But it keeps hitting new highs every day.

You think it’s expensive.

It can get more expensive.

You think it’s outrageous.

It can get more outrageous.

---

$ETH as well.

Not long ago, everyone was calling for a bear market.

But when big funds came back in.

They immediately pressed the shorts to the ground.

Many people didn’t die in the market.

They died in their own subjective beliefs.

These two orders are hanging in the account.

I’m no longer angry.

I even want to laugh.

Because every liquidated trader has said the same thing:

“Just wait a bit longer.”

And the market loves to hear.

These three words.

🤣🤣🤣

#HORMUZ "Close the Rorschach Test," Swiss Negotiations Start Today
#HORMUZ "Close the Rorschach Test," Swiss Negotiations Start Today
The Strait of Hormuz has recently become a global focus. Iran has issued tough signals, and there were reports that the strait might be closed, but the US and multiple shipping agencies say maritime transport is still normal. The conflicting statements have plunged the international market into a “Rorschach test” of truth and falsehood, causing significant fluctuations in crude oil prices.

From a practical perspective, the Strait of Hormuz bears a crucial role in global energy transportation. If it truly closes, not only Western countries will be affected, but Middle Eastern energy exports will also suffer. Many analysts believe that this is more a political and diplomatic game, releasing pressure to gain negotiation leverage rather than immediate extreme action.

It’s worth noting that US and Iranian representatives will hold a new round of talks today in Switzerland. If progress is made, market risk aversion may ease; conversely, if disagreements deepen, crude oil, gold, and crypto markets could experience another round of intense volatility. For investors, the next few days may be the critical window to determine the direction.

STRC de-anchoring response: Net reserves lead by $48 billion

Recently, STRC’s price has again shown signs of de-anchoring, raising concerns about its solvency and liquidity. In response to doubts, the project team stated that current net reserves still exceed liabilities by about $48 billion, and overall asset coverage remains healthy. Based on the accounting data, there is no short-term insolvency issue, but the market is clearly more focused on asset quality and actual liquidity.

However, for stablecoins, confidence often matters more than numbers. Even with sufficient reserves, if there is a concentrated redemption or liquidity crunch, de-anchoring risks can still amplify. This incident also reminds investors that stablecoins are not risk-free assets; future market focus will shift from “whether there are reserves” to “whether reserves are transparent and can be redeemed quickly.”

#ETH大户吸筹，EF资金危机逼近
#ETH whales accumulate, EF funding crisis approaches

On-chain data shows that several large Ethereum whale addresses have been continuously increasing their ETH holdings, with a noticeable rise in large transfers out to exchanges. Generally, big players tend to accumulate during market downturns, indicating a long-term optimistic outlook. But on the other hand, the Ethereum Foundation’s (EF) funding pressure has become a hot topic again. As ecosystem operations, R&D investments, and personnel costs continue to rise, EF has repeatedly sold ETH to fund operations in recent years. Although they still have strong financial resources, frequent ETH sales can trigger concerns about potential selling pressure.

From an investment perspective, ETH is currently in a special stage. On one side, institutions and whales keep accumulating, and the long-term value logic remains intact; on the other side, the foundation’s funding issues cause emotional turbulence. In the short term, the market may fluctuate around funding pressures and large buy orders, but the ultimate direction of ETH will still depend on ecosystem development speed and real on-chain capital inflows.