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Under the current structure, if no structural changes occur, time is on the side of risk.
In the world of trending markets,
leverage is not waiting for victory,
but waiting for the next mistake.
This is a structure that is highly unfriendly to time.
If the market does not provide a trend, it must constantly pay the price to survive.
Liquidation is not fate,
but those who constantly fight against time
will eventually have to pay a sufficiently large price.
That price,
may be called liquidation,
or it may be called settlement, deleveraging, surrender, disappearance.
Hold firmly in spot trading.
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