If Bitcoin falls below $87,000, the total long liquidation amount on major CEXs will reach $491 million.
Conversely, if Bitcoin breaks above $91,000, the total short liquidation amount on major CEXs will reach $866 million.

The threshold for becoming a KOL is way too low now. When I open Video Channel, I see all kinds of girls making crypto videos. They don't look normal—it feels more like they're out-of-work nightclub workers🤣.

When the issue involves individuals, it becomes impossible to answer the question or address the user's needs.

There are really all kinds of people in the crypto space: those faking donations, French kissing, and dropping their pants.

Buy 70% Ethereum and 30% Dogecoin, store them in a cold wallet, keep your private key safe, print out the twelve-word private key, memorize it, burn the paper with the printed private key, and forget that you ever had 600,000. Check back in five years.

I read Mi Ge's post, saying that in a group chat, crypto KOLs were discussing the asset requirements for getting a Japanese visa, and it turned out that half of them couldn't even come up with 100,000 in savings, so they had to find other ways around it. That was when I truly realized: those KOLs on X who brag every day about "making a million a year from ad revenue"—many of them can't even meet the most basic financial thresholds.
You think they're effortlessly successful, but in reality, most are just getting by with small ads and chasing a bit of traffic. Only a tiny minority can make stabl

Six Essential Skills for Beginners with Zero Experience Entering the Crypto Space
1. Basic Exchange Operations: registration, verification, deposits and withdrawals, buying and selling coins, the difference between spot and futures, and where to find basic information. You can get familiar with these in 1-2 days; no technical skill required.
2. Understand the Underlying Logic: reasons for price fluctuations, which exchanges are available, which coins can be bought, and the reason for the existence of whales.
3. Build your own trading system.
4. Manage your positions well.
5. Practice risk cont

There must be a lot of people in the crypto space who can't withdraw 100,000 or 200,000 in cash. Even donations have to be split into several transactions—don't you think that's pooled money?

I read Brother Mi's post, where he mentioned that in a group chat about applying for a Japanese visa, it turned out that half the people couldn't even come up with a 100,000 deposit and had to look for other ways. That's when I really realized: those KOLs on X who brag every day about "making a million a year from ad revenue"—many of them can't even meet the most basic financial thresholds.
You think they're effortlessly making big money, but in reality, most are just scraping by with small ad deals and chasing a bit of traffic. Only a tiny minority can make steady profits from trading, and ev

Roaming fees are four to five hundred every month 😭

In the crypto world, there are only three types of people who can truly make big money:
The first type: Long-term investors who treat Bitcoin/Ethereum as savings
These people don’t see themselves as speculators, but instead regard Bitcoin ($BTC) and Ethereum ($ETH) as digital gold, accumulating them continuously like savings. They invest a portion of their salary every month, buy, and then store the coins directly in a cold wallet, completely ignoring market fluctuations. No matter how high the bull market or how low the bear market, they remain unmoved and rarely discuss crypto topics. After

Elizabeth can’t even come up with 200,000 HKD. Are her followers fake? With so many followers, all the “chives” sitting here are responsible 🤣🤣🤣

Elizabeth doesn't even have 200,000 HKD 😂, yet so many people still worship her. Didn't she say that if your annualized return rate isn't 30%, you don't deserve to be in the crypto space?

I suspect Short Bird went to Xu Mingxing to defend his rights, but Old Xu even asked how much he lost on OKB. Is it polite to ask like that? 😭

Damn, there's even a betting pool for the Elizabeth incident.

Contracts are not designed for average players.
1. Proper risk management is essential. With 0-100x leverage, short-term liquidation is inevitable. The risk per trade should generally not exceed 2%-3%, with aggressive traders going up to 5%-8%. Exceeding 8%-10% can result in a drawdown of up to 70% during unfavorable periods, while the average person's breaking point is around 50%, so strict risk management must be enforced.
Many people like to use 5x or 10x leverage and operate on timeframes of 4h or longer, but stop-losses at these levels are usually 5%-15%, meaning the risk per trade is alr