🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
#打榜优质内容#
1.796 billion liquidations, the cryptocurrency version of an "economic experiment"
The market is generally down, with $1.796 billion liquidated in the last 24 hours. This bloodbath is essentially a real-life economics experiment.
Look, investors are like lab rats; when the Federal Reserve casually throws out a bit of interest rate signals, the market immediately performs a "herd stampede"; as soon as regional economic data is released, everyone rushes to escape, and the cryptocurrency market is instantly pressed down to the ground. Behind the liquidation, isn't it just a perfect re-enactment of the "herding effect + overconfidence" in behavioral finance?
What's even more wonderful is that players in the crypto circle always believe they are market hunters, but often end up becoming prey. They add some leverage, thinking they can amplify their profits, but what they actually amplify is the "liquidation experience."
$1.796 billion is gone, and it brings one lesson: the crypto world is not a personal performance stage, but a global economic testing ground. Smart people know how to be observers, while confused people continue to be guinea pigs.