#美联储降息 $G 's recent trend has attracted a lot of attention.

Looking at the data in the market—funding rates have already turned negative. What does this reflect behind the scenes? The overall market sentiment shift. When most people are on the same boat, risks come into play.

The day before yesterday, short positions at the 0.006398 level clearly increased. High funding rates combined with continuously growing short positions make this situation prone to trigger chain reactions. Once the market lacks upward momentum, large-scale liquidations can directly change the price direction. Large longs getting liquidated in the market often mark the beginning of this process—data shows that about 144 million USD worth of liquidations involved 76% longs.

But that doesn’t mean you should blindly go long now. Large-scale long liquidations are actually part of the market’s self-correcting process. Although it looks fierce, the story of volatility isn’t over yet. The market is testing bottom support, and the true direction needs time to be confirmed.

What is the current strategy? Protect existing profits, set proper stop-loss levels, and let the market speak for itself. Altcoins are still in a phase of ongoing observation and positioning. If you want to follow along, it’s better to wait for the next clear signal. Rushing to go long or short easily leads to pitfalls; patience is actually the best weapon.