Last night's market movement was a nightmare for many. In less than ten minutes, over 10 billion in liquidation across the entire network, countless accounts wiped clean overnight. But my situation was a bit different — not only did I not lose, but I also capitalized on the panic to achieve an eightfold increase in a single day. Today, I want to share how I think and operate during such extreme volatility.
**Sensed Something Was Off Early**
Actually, during the National Day holiday, I already noticed problems in the market. At that time, Bitcoin was oscillating around $120,000, and various altcoins started to surge mindlessly. Projects that usually go unnoticed also went crazy. At first glance, it seemed lively, but in reality, this was a typical topping pattern — I’ve seen it too many times.
On the evening of October 7th, I cleared all my spot positions. This decision drew a lot of skepticism at the time; some privately asked if I was being too cautious. But hindsight proved that staying clear-headed during the market’s craziest moments is the way to survive. Those shouting "perpetual bull market" are now silent.
**A Drop Is Actually an Opportunity to Enter**
Woken up at 5 a.m. by a phone alert, I checked the market — Bitcoin suddenly plunged to around $87,000, and panic set in. But I became excited instead. Extreme volatility is precisely the best trading window for me.
After opening the futures trading interface, the key is not to follow the crowd into short positions but to calmly observe the performance at key support levels. I noticed that the $88,000 level had been tested repeatedly before, indicating a relatively strong support. So I decisively entered the market — and as expected, the result was as predicted.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
MetaMisfit
· 13h ago
Uh, I've heard this routine too many times. Big V experts are the best at gaining traffic after the fact.
It's always about clearing out early or making precise bottom-fishing. How come I've never seen you lose money?
View OriginalReply0
UnluckyMiner
· 13h ago
It's the same old story, an 8x return is truly outrageous.
View OriginalReply0
ChainProspector
· 14h ago
It's the same old story, every time there's a sharp decline, someone comes out claiming they've made a fortune.
Wait, an eightfold return? Really? Can you provide a screenshot for verification?
This kind of extreme market condition is basically gambling—if you guess right, you brag; if you guess wrong, you stay silent.
The theory that support levels act as a cushion for the buying side sounds impressive, but in reality, it's just luck.
But to be fair,提前清仓 (liquidating positions early) does show some skill—better than those who shout "never sell."
View OriginalReply0
MEV_Whisperer
· 14h ago
You're starting to tell stories again, an 8x return? Why haven't I seen any screenshots?
Last night's market movement was a nightmare for many. In less than ten minutes, over 10 billion in liquidation across the entire network, countless accounts wiped clean overnight. But my situation was a bit different — not only did I not lose, but I also capitalized on the panic to achieve an eightfold increase in a single day. Today, I want to share how I think and operate during such extreme volatility.
**Sensed Something Was Off Early**
Actually, during the National Day holiday, I already noticed problems in the market. At that time, Bitcoin was oscillating around $120,000, and various altcoins started to surge mindlessly. Projects that usually go unnoticed also went crazy. At first glance, it seemed lively, but in reality, this was a typical topping pattern — I’ve seen it too many times.
On the evening of October 7th, I cleared all my spot positions. This decision drew a lot of skepticism at the time; some privately asked if I was being too cautious. But hindsight proved that staying clear-headed during the market’s craziest moments is the way to survive. Those shouting "perpetual bull market" are now silent.
**A Drop Is Actually an Opportunity to Enter**
Woken up at 5 a.m. by a phone alert, I checked the market — Bitcoin suddenly plunged to around $87,000, and panic set in. But I became excited instead. Extreme volatility is precisely the best trading window for me.
After opening the futures trading interface, the key is not to follow the crowd into short positions but to calmly observe the performance at key support levels. I noticed that the $88,000 level had been tested repeatedly before, indicating a relatively strong support. So I decisively entered the market — and as expected, the result was as predicted.