"Does a 70% stock market crash have anything to do with the crypto world? Don't rush to eat the melon; be careful of emotional contagion cutting you!"

1. Direct impact? Basically none!

SharpLink Gaming is just a gaming company, completely unrelated to the crypto world. Its stock price crashed because early investors (PIPE) went crazy selling off to cash out, which is a case of 'insiders stabbing each other,' and has nothing to do with Bitcoin or altcoins.


Just like a certain US stock metaverse company that plummeted 80% last year, MANA and SAND in the crypto world still rose and fell as they should, completely unaffected!

Crow Brother's Perspective:
Don't take hearsay as truth; the crypto world is currently too busy (ETF fund flows, halving narratives) to handle the trivial matters of small companies.

2. But emotions can spread! Be careful of 'first-level market panic'.

Although SharpLink has nothing to do with cryptocurrencies, if the market feels that 'early investors are fleeing,' will VCs and private equity big shots in the crypto world follow suit and crash the market?

Crow Brother reminds you:
Think about before the LUNA crash in 2022, a bunch of institutions withdrew their investments early, and by the time retail investors reacted, they had lost everything!

Crow Brother complains:
"In the first-level market, there are profits, and in the second-level market, there are takeovers," this tactic is the same in both the stock market and the crypto world! The crash of SharpLink might remind us—could the next to crash be some altcoin?

3. What should we pay attention to in the crypto world now?

Don't let this kind of external news throw you off rhythm! The three things that really affect crypto prices are:
Bitcoin ETF funds (Is BlackRock or Fidelity still buying?)
Federal Reserve interest rate hike expectations (Will there be a rate cut in June?)
Altcoin season (Will funds flow from BTC to altcoins?)

Crow Brother's Advice:
Take the SharpLink crash as a joke; the real drama will unfold in the market after Bitcoin's halving!

"You don't care if the stock market crashes by 70%, but if some crypto VC suddenly crashes the market next month, are you prepared to respond? Follow Crow Brother, and in the next episode, we will talk about (which altcoin early investors might flee?)"


I am Crow Brother. Trust institutions = take a walk to heaven; trust the crows = let the money roll to the grave! If you want to consult or learn about the latest news or don't know what an effective breakout point is, check my profile; I'll guide you step by step! If I can't do it, feel free to come to the comment section and wake me up.