Tonight, the "Gathering of Heroes" unfolds, with the Whale making moves such as Bottom Fishing, Dollar-Cost Averaging, Liquidation, and enjoying the spectacle, but only those who respect the market can sail far.

BlockBeats News, June 6th, tonight is destined to be a sleepless night for stock and crypto investors.

Under the impact of unexpectedly strong job data, the U.S. stock market opened lower and quickly experienced a sharp decline. As of press time, the decline has not stopped, with the Nasdaq falling by 3.00%. Several AI stocks that were previously hyped saw significant retracements.

The crypto market is even more brutal. The Whale Gang once again staged the familiar scenes of liquidation and repositioning. However, tonight there are several whales accompanying them:

The whale who leveraged 104,772.57 WETH for a long position faced partial liquidation, and it is worth mentioning that this whale was the same one who bottom-fished during the Yihui Huo's sell-off in February.

Nevertheless, as time changes and trends shift, as this whale watched helplessly as its position was liquidated tonight, Yihui Huo was already on the shore lamenting the astonishing speed of the market downturn.

In addition, during the on-chain whale liquidation, several well-known traders were bottom-fishing and issuing calls. The most famous of them all is the whale known as "Setting 10 Great Goals First," who opened a long position at $60,153.8 for 2,835.32 BTC, worth $170 million.

Killa is slowly accumulating positions in spot and low-leverage futures. Ansem advises users not to rush to bottom-fish.

The market is like the sea, where all the wise converge and the whales churn. Some awaken during liquidation, while others add to their positions in the bloodbath. True wisdom has never been about buying the bottom, but about surviving through every cycle. Tonight, no one can escape the waves; tomorrow, only those who respect the market can continue to sail.