RIVER's recent rally indeed saw a significant increase. A friend just now mentioned that he wasn't paying close enough attention to the market, and he had opened a high leverage position. In the blink of an eye, he was liquidated with a loss of 20,000 yuan. He asked me if he would be directly wiped out—this actually reflects a very real issue.

The biggest risk when trading futures contracts is situations like this: the market is volatile and can change dramatically in an instant. Especially for cryptocurrencies like RIVER with higher volatility, if leverage is not set reasonably, the risk can become terrifying. A loss of 20,000 yuan is already a substantial amount for many people, and the likelihood of liquidation depends on their specific position and margin ratio.

This is also why many experienced traders say: it's better to miss an opportunity than to use high leverage. The market is always there, and the next opportunity will come.