$BTC The price fluctuations of altcoins are indeed far beyond imagination, even a 1x leverage can make people feel the intense volatility of the market.

When the market heats up, human greed begins to take over. Seeing others post screenshots of 10x, 20x gains, many people stop paying attention to risk control, and their minds are only thinking about getting rich overnight. This is often the most dangerous time.
BTC is relatively less resistant to declines, but shorting also requires proper timing. A 2x leverage can also lead to liquidation if not careful. Looking at the current market position, the cost of short squeeze is actually much more cost-effective than directly shorting. Many shorts have already been lessoned by the market.
Those who have truly survived several cycles understand one principle: surviving and exiting is much more important than blindly dreaming of getting rich overnight. Leverage is like a double-edged sword; those who know how to use it have a tool in their hands, while those who don’t can end up with a noose.