To be honest, the liquidity in the crypto space is gradually decreasing. When SBF was around, a lot of the liquidity was provided by him. That was probably the best time for liquidity. After SBF's downfall, the Luna crash, the Three Arrows Capital collapse, and many second-tier exchanges going under, it wiped out a lot of market makers. Now, the overall liquidity in the crypto space is very weak. The black swan event on October 11 really surpassed any previous occurrences. In the past, the most Bitcoin would drop was 10-20%. Altcoins would drop 30-50%. This time, many altcoins dropped 80-90%, which means that if you open a contract without setting a stop-loss, you will get liquidated. Even if you set a stop-loss, it might not be effective enough to prevent liquidation. After this liquidation event, I feel that future liquidity may be even worse. Liquidity is a problem that the entire industry needs to work together to solve. As an ordinary retail investor, how can you avoid this? Don't blindly play with contracts; always set a stop-loss before trading contracts. Otherwise, even if you escape this time by luck, you will still face death next time. There will definitely be more black swan events in the future. Additionally, I suggest that those who have already made money should not gamble with large amounts. Keep your large sums in flexible U financial products and avoid high-risk investments. Participate in trending coins with small amounts, aiming for big returns. The crypto space is currently not suitable for large bets; the risks are too high. For those who haven't made money or have gone bankrupt, don't give up. Explore new things and new trends; the crypto space is a place of miracles. As long as you truly work hard, stay diligent, and be smart, there are definitely opportunities to turn things around. To really turn things around, you just need to seize two opportunities to multiply your investment tenfold, turning 10,000 into 1 million. There are plenty of opportunities to multiply tenfold in the crypto space. If you have already achieved results, I suggest you exit the space early. If you don't exit, you must increase your risk awareness and reduce your gambling tendencies; otherwise, you could die at any moment. Don't ask me how I know this, because I've died multiple times.