2025-12-24 14:24:21

Recently, market liquidity has indeed been tight, and the days for altcoins are even tougher.

Since that major crash event, the entire ecosystem is still healing. What are people doing in the market now? Either trading altcoin contracts or using altcoins as collateral to borrow U. As a result, in just one night, many positions were liquidated, returning to the starting point. This wave of shocks has involved hundreds of billions of dollars in losses, mostly concentrated on altcoin contracts and collateral positions.

Many initially thought, "Bet big, and the carp will leap over the dragon gate," but ended up being cut down to just bones.

To be honest: Altcoins are inherently highly volatile beasts, and with contract leverage? That’s poison. If you insist on getting involved, remember two points — only chase the hot coins of the current cycle, and once you profit, immediately convert to BTC or Ethereum. Don’t get too attached. Otherwise, the probability of losing money can be frighteningly high.

BTC is still in a weak pattern at the moment, and in the short term, it’s likely to test support around 84,000. This is a key observation point for the near future.

A couple of days ago, we opened a short position at 3060, and those who followed should have gained several hundred points in profit. If you’re still holding the position, I suggest gradually reducing it to protect your capital. Let’s see if there are new opportunities tonight; if so, add more. If not, continue waiting for the next real bull run to make gains together.

BTC-0.48%

ETH-0.12%

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AirdropNinja

· 3h ago

Shanzhai contracts are just a trap; it was about time to see through it clearly. Hundreds of billions poured in and just like that, it's gone. So ruthless. Make money and run, don't think about doubling. The 84,000 level must be defended indeed.

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SchrodingersFOMO

· 3h ago

Shanzhai contracts are just slaughterhouses; I really don't understand why people still play. Honestly, hundreds of billions of dollars are just gone like that, it hurts. Whether 84,000 breaks or not, we'll see today's performance. For those still using Shanzhai coins as collateral, wake up, brother. That wave of 3060 short positions was indeed comfortable. Now, just wait for the next certainty opportunity, don't mess around blindly.

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ImpermanentPhilosopher

· 3h ago

Shanzhai contracts are just meat grinders; don't ask me how I know. Really, I've seen too many people go back to zero overnight. Leverage is great when you're making money, but when you lose, you're socially dead. Holding BTC above 84K is the way to go; everything else is an illusion. This market is truly toxic; those chasing quick profits have all ended up in the ICU. Only trading hot coins and then immediately switching to BTC—that's the way to stay alive. Those who love to fight have all been liquidated, no exceptions. Borrowing U to collateralize is, frankly, a suicidal investment. Losses of hundreds of billions of dollars—just thinking about this number is frightening. Brothers who took profits on short positions are really lucky; I do the same. Reduce positions, reduce positions—protecting the principal is the hard truth. Altcoins with high volatility and leverage are a deadly combination. If you're still trading contracts now, you're probably a bit of a gambler. When will the next bull run come? No one knows; just wait and see. In a market with tight liquidity, only BTC and ETH still resist manipulation.

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ExpectationFarmer

· 3h ago

Shanzhai contracts are really money-making machines for the little guys; someone always dreams of getting rich overnight. Playing with leveraged shanzhai coins is like playing with fire; hundreds of billions in losses have already proven the point. Make your money and run, don't be greedy—that's the only way out. is a critical level; breaking it would be dangerous.

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Gm_Gn_Merchant

· 3h ago

Playing altcoins with contract leverage is just asking for death, hundreds of billions of dollars are gone like that --- Carp leaping over the Dragon Gate? Bro, are you trying to jump into the oil pot --- Making money and then switching to BTC, this is so true, don’t be greedy --- If the 84000 support breaks, it’s really time to run --- The joy of eating meat on a short position, the pain of liquidation, has anyone experienced it --- Altcoins + leverage = money, this formula will never be wrong --- Liquidity is so tight, only brave ones dare to play with collateralized borrowing U --- Waiting for the next meat-eating market, it’s better than being cut now --- Conservatively estimating hundreds of billions, what about the non-conservative ones... --- Reducing positions to protect principal, rough words but true meaning

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AltcoinHunter

· 4h ago

Hundreds of billions of dollars evaporated instantly. To be blunt, this is the price of greed. It's the same old story of contract liquidation. Do you really not learn your lesson? Using altcoins as collateral to borrow U? I definitely don't have the guts for that. Whether BTC 84,000 breaks or not depends on tonight's trading volume. It's safer to keep observing for now. The short position on the 3060 was a pretty good move, but I'm more interested in what opportunities might come next.

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