Liangxi is back again

Once more, he did an all-in short on ETH with 100x leverage, but this time the principal had already gotten smaller and smaller. The account only has a little over 50 thousand, the entry price is 1798.3, and the liquidation price is 1824.54. It looks like there’s about $26 of room left, but in reality ETH only needs to rise about 1.5% for this position to potentially go to zero immediately. The most terrifying part of 100x leverage isn’t that you might misread the big direction; it’s that the market’s any ordinary rebound—even just a wick on a single candle—can be enough to lift your account out. Shorting ETH itself may not be wrong, but betting all the principal on this 1.5% window isn’t trading anymore—it’s playing Russian roulette with the candlesticks. Even more painful is that the more the principal loses, the less it is, yet the leverage is opened higher and higher. This usually isn’t because confidence is getting stronger; it’s because he’s rushing to rely on the next order to flip all the earlier losses back. But what the market loves to harvest most is people who can’t afford to lose and also refuse to admit defeat. If this trade continues to see ETH fall, he may make money very quickly in the short term, but as long as the price rebounds back to around 1824, all the previous judgments, all the experience, and all the stories will instantly lose meaning. Because after liquidation, no matter how the direction goes later, it has nothing to do with you. True mature trading isn’t daring to open 100x leverage—it’s being able to stay alive after you’re wrong. What Liangxi is betting on right now isn’t whether ETH will drop; it’s that before ETH drops, it must not rise that 1.5% first.