These are the recent wave of panic and anxiety caused by the flow KOLs constantly hyping the upcoming large options expiration! They are the same group that hyped Japan's interest rate hike last time!

These people treat creating anxiety as their traffic secret weapon, and anxious you will keep FOMO trading, ultimately contributing liquidity to the market!
According to Coinglass data, within 2025, the total nominal amount of forced liquidations across the entire network for longs and shorts is about $150 billion, corresponding to an average daily leverage shuffle of about $4–5 million. On most trading days, the scale of long and short liquidations remains in the tens of millions to hundreds of millions of dollars, mainly reflecting daily margin adjustments and short-term position clearing under high leverage environments, with limited medium- and long-term impact on prices and structure.
The truly systemic pressure concentrates on a few extreme event windows, with the mid-October de-leveraging event on 10·10–10·11 being the most typical.
Currently, the 24-hour data finally shows net inflow, and this panic index has been in a state of extreme fear for nearly a month, so a reversal should be imminent!
Last week, it was said that the turnaround could happen within 2 weeks at the earliest, or within a month at the latest!
Still valid, now it depends on whether a new low can be reached!
Remember one thing: block those bloggers who make you anxious at first glance. These people are of no benefit to your growth, only endless anxiety! Truly quality bloggers should solve problems, teach you methods, tell you how to avoid risks, and how to handle current issues, growing stronger instead of collapsing at the first sight!
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