A crash in the crypto market is not scary, what’s scary is that you don’t even know who is selling—this wave is not a natural disaster, it’s a 'man-made' disaster waiting to dismantle everything!
Plain Language Explaining the Thunder: Why was there a river of blood last night?
There are directly two culprits:
“Antique Exchange Resurrects to Repay Debts”
Mt.Gox, which went bankrupt ten years ago, suddenly digs into its reserves: returning 140,000 BTC to old creditors. These people bought coins for tens of dollars back then, and now they’ve picked up 60,000 times for free! Would you sell if it were you? The market is directly scared silly!
“German police turn into selling maniacs”
The German government is moving 50,000 BTC from confiscation to exchanges, clearly wanting to cash out! With the national team leading the sell-off, can the retail investors not be weak-kneed?
My personal experience:
Last year before the LUNA crash, I also saw a similar 'whale relocation' chain alert, but didn’t take it seriously, resulting in a loss of half a year’s profit in three days! This time, when the German wallet moved, all on-chain monitoring turned red—old hands are all fleeing!
Crash Accelerator: Internal people stab deeper!
“Leverage Army Chain Reaction Explosion”:
Too many people bet on the bull market with high leverage, BTC just broke $109,000, and the system automatically liquidated! $1.5 billion in long positions turned to ashes, equivalent to the market being forcibly drained!
Great Sage's complaint: Trading contracts without setting stop losses? This explosion is louder than New Year fireworks!
“America on Holiday, Shorts Stealing Homes”:
Yesterday was Independence Day in America, everyone was on holiday, and liquidity in the crypto circle was as dry as a desert! At this time, selling off is like farting in an elevator—there's nowhere to hide!
“The Fed's Stab”:
Economic data is too good, don’t expect interest rate cuts before September! The dollar has risen to a new high for the year, hot money is all running back to eat interest, and the crypto circle has directly turned into a 'discarded child'!
Great Sage's opinion: Big players love to play the 'expectation kill'!
Next, it will rise
Mt.Gox and the German government's coins haven't actually been sold yet, just ‘leaking news’ has scared the market to collapse!
Typical Routine:
1. Release bad news → 2. Liquidate leverage → 3. Retail investors cut losses → 4. Big players scoop up chips at low prices
Remember! The bloody chips you sold during the crash all ended up in the pockets of the dogs!
Now is the time to bottom-fish? Don’t rush! Watch for two signals:
The exchange stablecoin reserves have surged (indicating bottom-fishing funds are in place)
The contract funding rate turns negative (shorts are arrogant = rebound is near)
Follow me, next week when the US stock market opens, I will directly give bottom-fishing coin orders in the fan group!
Brothers, quick review: Do you have enough bullets? Have you cut losses during the crash?
Remember! The market is not wrong, we are wrong! I am the Great Sage, a top-level layout team, only serving ambitious maniacs with vision!