Trump Throws Tariff Bomb in the Middle of the Night
Bitcoin Plummets by $3,000, Breaking the $110,000 Barrier, and ETH Also Drops by 5%, Falling Below $2,550! News of liquidations is everywhere, and the panic index shoots up to 85.
Why is it dropping like this? Isn't it because of the trade war, combined with rising interest rate expectations causing trouble, with all the funds fleeing to the dollar and gold!
But strangely, institutions are actually taking advantage of the plunge to buy $1 billion worth of ETFs! Is this bottom fishing or a larger shakeout?
The market is a complete mess right now; some are shouting to go all in and bottom fish, while others are scared and cutting losses to run...
This wave of bloodshed came too violently, can you hold on?