On-chain anomalies, institutions lock in three major gaming paths

In the past 24 hours, Bitfinex closed 32,000 BTC short futures contracts, Deribit’s open options contracts surpassed $57 billion, institutions focus on:

1. Conflict escalation → US stocks fall → BTC receives safe-haven buying

2. Economic recession → US dollar weakens → BTC market cap proportion rises

3. Liquidity crisis → stablecoins decouple → DeFi presents bottom-fishing opportunities

Tonight, BTC will either plummet and trigger liquidations, or break upwards, as the clash between old and new finance awaits resolution.

#加密市场回调