A Night on Leverage

At 3:17 AM, Ajie's screen is still on.

Bitcoin at $74,056, 20x leverage, 1.789 billion in position.

His long position is still in hand, floating profit has doubled, but he doesn't dare to sleep. His finger hovers above the close button, like a hesitant bird, unsure whether to land or fly away.

Three hours ago, the price was still hovering around $72,500. He gritted his teeth and opened a long, thinking, "Take a chance, turn a bicycle into a motorcycle." Then the market really went up, rising all the way above $74,000. Someone in the group congratulated him, someone called him dad, he just responded with two laughing-crying emojis.

No one knows how nervous he is.

With every jump of the numbers on the screen, his heartbeat follows. When it rises, he wants to close and take profits; when it falls, he wants to hold and wait for a rebound. He feels like an ant trapped inside a K-line chart, taking a step forward is greed, stepping back is fear, both are torment.

The 24-hour high is $74,056.5, with 4.703 billion in capital inflow over 24 hours. He knows these data by heart, but at this moment, only one thing matters to him: what color will the next candle be, red or green?

Messages in the group are still scrolling. Someone is sharing profits, enough to buy a Tesla; someone is asking for guidance, "Big brother, what’s the next trade?"; and others say nothing, just send rocket emojis, rows of rockets, like celebrating or boosting morale.

The person who often posts gambling dog emojis appears again, this time saying: "Those who buy against me will definitely make money." The picture shows a dog wearing glasses, in front of three screens, all showing green. Ajie looks at it and gives a bitter smile. He thinks, if anyone really bought against him, they should already be financially free by now.

But he doesn't have time to think about that. The price jumps again, to $74,108. He takes a deep breath and moves his finger away from the close button.

Wait a little longer. He thinks. Wait a little longer.

Outside the window, dawn begins to break. The distant buildings reveal blurry outlines, early risers turn on their lights. The city is waking up, but he has been staying up all night. $BTC

He doesn't know what awaits him after dawn. Greater floating profits, or a pin that will bring everything back to zero. But one thing he is sure of: on this night of leverage, he is more awake than ever before. #加密市場上漲