Recently, there have been endless posts on the square about large contract liquidations, especially for popular coins like Ethereum. But think carefully—do professional contract traders really make such basic mistakes in position management?

The answer often lies not in the liquidation itself, but in the market cycle patterns. Observing recent trends, it's not hard to see—the market accumulates short positions during the preparation phase, and after gathering enough shorts, it suddenly surges upward like a rocket, triggering stop-losses for many short traders. This process is essentially a cleansing of floating positions, paving the way for the next big move.

If you have enough patience and discipline, accumulating Ethereum spot holdings at this stage is a good choice. Conservatively, $8,500 is a key support level; as long as this price holds, there's no need to be bearish. Give yourself 90 days, and you'll likely be grateful for the decision you make now.

Of course, for someone like me, a newbie, using a small amount of funds to experience the contract market can indeed help understand market logic. But the prerequisite is strict position control. Even with just a $2 trade, you should be as cautious as a master trader—only then can you avoid being fooled by superficial market fluctuations.