BTC breaks through the 120,000 USD mark, the world cheers, and the screen is filled with "new high" and "skyrocketing".

However, the headlines of some domestic media are - "100,000 people liquidated!"

It's like when you get promoted and get a raise, and the first thing your relatives say isn't "Congratulations," but "Aren't you going to work too hard and die from a heart attack?"

When the market rises to the ceiling, they insist on staring at the floor looking for dust.
Others discuss the logic of a bull market, focusing on the number of people on the liquidation list.

After all, everyone is happy when the price rises. Let's talk about something "tragic"; that's what attracts clicks.

However, among the 100,000 people who were liquidated, most of them were short sellers—those who were singing the market's demise were slapped in the face by the market with even greater force. This is the most surreal joke of this market trend.