Recently, I was once again heartbroken by this market trend. After the flash crash on 10/11, the big players who followed the trend and opened short positions are now experiencing floating losses that have already surpassed $74.37 million. Looking at this number, I really feel a bit sorry for them.

Among them, ETH alone has a floating loss of $65.44 million. What's even more heartbreaking is that the liquidation price is at 2084.42, which, based on the current price, still has a buffer of $739.17. What does this mean? It means that any subsequent market fluctuations could accelerate the risk.

Honestly, this position has already turned into a prolonged battle. You can't quickly exit to cut losses, nor can you expect a quick reversal. The only thing to watch is how ETH moves next; each candlestick probably can trigger a wave of psychological turbulence for this brother. The market is like this: if you get the direction right, the profits explode; if you get it wrong, you have to grit your teeth and hold on.