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A trader was initially very confident in their long positions in PEPE and ETH. Just 4 hours later, the situation reversed—ETH longs were liquidated, and they subsequently closed their PEPE position. This rapid turn of events perfectly illustrates how volatile the crypto market can be. The quick change in positions within a short period reflects the rapid shift in market sentiment. When sudden fluctuations occur, even seemingly solid trading strategies can collapse in an instant. Such events happen frequently in high leverage trading—especially with assets like ETH and PEPE that are highly volatile. Traders need to stay alert at all times because the market won't give hesitant traders much time to react.