There’s this perspective that the '1011' crash on October 11, 2025, wiped out as much as $19.1 billion in leveraged long positions. Pretty brutal, right? The 1011 leverage cleanup is kind of like 'a deep squat to jump higher.' By forcibly removing unstable factors through extreme market behavior, it causes massive financial losses in the short term but creates a cleaner, less resistant market environment for healthy growth later on. Seen as a crucial setup for the healthy bull market in 2026.