Today, May 19, 2025, the cryptocurrency circle is once again staging a "519 Memorial Market", with Ethereum leading the plunge, making me break out in a cold sweat! This familiar formula, this familiar taste, is almost exactly the same as the "519 Crash" four years ago.

I remember back in 2021, old man Munger criticized cryptocurrency as "disgusting" at the shareholder meeting, saying Bitcoin was something "made up out of thin air". Although Buffett didn't say it explicitly, just looking at Tesla's disdainful expression tells you his attitude. And then what happened? Musk, the "king of promoting coins", made a series of bold moves, first supporting Dogecoin, then getting Tesla to support Bitcoin payments, directly sending the crypto market soaring. At the craziest times, the trading volume in the South Korean crypto market even surpassed that of the stock market. Isn't that ridiculous?

But the craziest part is that just when everyone was having the most fun, Musk suddenly turned around and said, "Dogecoin is a scam", using environmental concerns as an excuse to stop Bitcoin payments. This wave of reverse action caused the crypto market to plummet by 30%, and countless speculators who followed the trend were left crying and wailing!

Now, in 2025, it’s again May 19, and history always seems remarkably similar. Musk has started to support Dogecoin again, making it so that now whenever Dogecoin is mentioned, people think of him. But today’s market trend is clearly a classic manipulation tactic of the big players: "inducing a rise before a crash". They first push it up to make you think it’s about to take off, then suddenly crash it down, playing a psychological game.

In my opinion, the cryptocurrency space is:

1️⃣ High policy risks

2️⃣ Extreme volatility

3️⃣ A big shot's words can take you to the rooftop

4️⃣ This date, May 19, is truly ominous

For those who see the drop and want to buy the dip, you better be careful! You might think you’re buying the bottom, but you could be buying halfway up the mountain. Remember, surviving in the crypto space is the most important; don’t be the last fool holding the bag.

Do you think this time the 519 will repeat history? Is Musk up to no good again this time? Feel free to chat in the comments～ Follow me to help you avoid the pitfalls of the crypto space! #519 Curse #马斯克的特斯拉只支持狗狗币支付