According to the latest market dynamics, "Brother Maji" Huang Licheng has begun to reduce his high-leverage long orders in Ether, currently facing unrealized losses of about 1.75 million USD, while pre-setting multiple limit sell orders in the 3200-3400 USD range. This series of actions indicates that even some Large Investors are taking a cautious stance towards the short-term market.

According to the data, "Brother Ma Ji" Huang Licheng has been continuously reducing his 25x leveraged Ethereum long order for the past 3 hours, and his position has now decreased to 7,650 ETH, with a position value of 24.32 million USD, a liquidation price of 3,044.81 USD, and current unrealized losses of 1.75 million USD.

In addition, Huang Licheng has 6 limit sell orders for ETH in the range of 3200-3400 dollars.

The current cryptocurrency market is facing overall uncertainty, there is macro pressure, and there has been continuous net outflow of funds from the Ethereum spot ETF, all of which may put pressure on prices.

High leverage risk highlighted: Brother Maji's 25x leverage long order liquidation price is around $3040, with extremely high position risk. Similar high leverage long order liquidation events occur frequently in the market, and traders need to be vigilant about the chain liquidation risk that market volatility may cause.

Market Outlook: Although some analysts are optimistic about Ethereum in the long term, short-term market sentiment has turned to "extreme fear," making the loss or gain of key support levels particularly important.

Core advice: Traders should prioritize risk management at this time, avoid using excessively high leverage, and can utilize limit orders to automatically take profit or stop loss at preset positions to control risk.

What does everyone think about the future market?
Welcome to discuss and exchange ideas in the comment section.
#加密市场观察