Today, May 19, 2025, the cryptocurrency market suddenly crashed in the middle of the night, especially Ethereum, which fell the hardest, making me break out in a cold sweat! This scene is almost identical to the "May 19 Tragedy" four years ago, when Bitcoin was halved from $50,000 to $30,000, and Ethereum fell over 40% in a single day, causing countless people to liquidate and jump off buildings. Now, this market is truly nerve-wracking, fearing history will repeat itself.

To be honest, the market had already risen too much before this crash, and a correction is very normal, but the sudden plunge in the middle of the night surely indicates that big players are up to something. Although things are different now compared to 2021, with more institutional participation and more mature technology, regulatory pressure is increasing, and leverage is still high, so risks have not diminished at all.

I suggest you not to panic, first check your leverage positions, and if you need to cut losses, then do so; absolutely do not hold on stubbornly. The most important thing now is to preserve your capital and wait for the market to stabilize before gradually adding positions. Remember, being alive gives you the chance to turn things around; don’t be like those who jumped off buildings back in the day.

Where do you think this will drop to? Is it a bottom fishing opportunity or is a bigger storm coming? Feel free to chat in the comments! Follow me to get market interpretations at the first moment! #币圈新闻