Yesterday, the plunge of $BTC and $ETH triggered panic in the market. While retail investors were frantically selling off, BlackRock bought $523 million of $BTC and $519 million of $ETH in a single day.

Remember, institutions never chase highs, they only buy during panic! This is why every time there is a crash, we see "panic handover"—when the market recovers, you will find that prices have risen again, but the low-priced shares you sold at a loss have already been picked up by institutions. They are collecting the bloody chips while driving up the prices, and in the end, it’s always the retail investors who pay the bill! #美联储取消创新活动监管计划