Liang Xi's latest remarks are very insightful, it's all about conspiracy. The cryptocurrency market is driven by policy dividends and high leverage slaughter: Bitcoin violently broke through $95,000 at dawn to reach a new high, but was subsequently dragged down by the US stock market, dipping below $94,000, with 110,000 people liquidated totaling $343 million. The whale took advantage of Trump's favorable policies (promoting national Bitcoin reserves) to pump the price and then sold off. Ethereum strongly followed up, breaking through $1,800, but the exchange rate hit a 5-year low, and the giant whale sold off 15,000 ETH during the rebound, indicating a clear weakness in the market.