TingHu♪
TingHu♪|Sep 22, 2025 15:05
The Nasdaq hit a new high, Apple is just a few bucks away from a new high, Google is already at its peak, and Tesla is also nearing a new high. Even the A-shares are close to their highs. Meanwhile, the crypto world has become the abandoned child. Today's liquidation volume is huge—on one hand, it's because the proportion of contracts (compared to spot) keeps increasing, and on the other hand, there's just too much open betting on a post-rate-cut rally, which caught the attention of the big players who forcibly de-leveraged. Even coins like ASTER can get speed-ran. The crypto world feels more like a casino than ever. #Crypto #Finance
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