Recently saw that the $LIGHT contract market has caused some trouble again—7.64 million Get Liquidated within 4 hours, directly shooting up the trending list across the network. This number is indeed quite scary.

But the interesting part here is: with such a huge position, the scale of getting liquidated is not as exaggerated as imagined. What does this indicate? First, the large holders have a good risk awareness and set their stop-loss levels relatively close; second, the short positions indeed account for a significant portion in this wave of market, while the number of long positions being cleared out is relatively limited.

Upon careful consideration, when the market generally views a certain cryptocurrency pessimistically, and the short positions in contracts are overwhelmingly dominant, this often serves as a signal – the bottom may be nearby. Historically, many V-shaped rebounds following significant crashes have been accompanied by this "the entire network is bearish" backdrop.

So the question becomes: is this the "get rich" node now? It depends on how you interpret this market signal. Those with courage have already taken the opportunity to accumulate at lower prices, while conservatives are still waiting for clearer signals. The market is always testing people's psychology.