#加密货币市场波动分析 Seeing Bitcoin surge to around $90,000 again, I can’t help but remember the painful story of getting rekt back in the day. Back then, I got carried away by this kind of parabolic rally, my head full of fantasies about getting rich overnight, and ended up losing everything. I definitely won’t fall for that again now.

Behind this latest surge, $200 million in short positions got liquidated, which shows there are still plenty of people betting on a drop. But my advice is, whether you’re going long or short, don’t play with leverage—it’s like dancing on the edge of a knife.

Right now the market is euphoric, and all kinds of altcoins are pumping as well. A lot of people are starting to FOMO again, right? Don’t rush in—take a calm look at the fundamentals of these projects and don’t let short-term gains blind you. Remember, it’s easiest to make mistakes during a bull market, so stay alert.

By the way, I’ve also seen some new projects lately trying to lure people in under the banner of DeFi and staking. Everyone, keep your eyes open. Don’t be fooled by the UK’s so-called tax policies supposedly benefiting DeFi investors—the risks aren’t any lower. Newbies, don’t get dazzled by all these flashy things.