$ETH
Nuclear collapse! Bitcoin plummets by 10% in a single day, 380,000 people face liquidation to zero, the Federal Reserve's hawkish grip accurately harvests the market!
Who would have thought that overnight, the global financial circle would fall into 'hell mode'! The Black Friday disaster erupts, the US stock market crashes first, and the chain reaction sweeps through the crypto market—Bitcoin directly breaks below the $82,000 mark, plummeting over 10% in a single day, contract accounts are liquidated in droves, and the entire community is filled with wails as funds flee faster than a disaster!
The entire market has collectively fallen, with no one spared.
The US stock market experiences a midnight shock: the Dow falls by 0.8%, the S&P plunges 1.6%, and the Nasdaq directly crashes by 2.2%, with tech stocks leading the decline.
The Asia-Pacific market follows suit: the Nikkei plummets by 2.4%, the Korea Composite Index crashes by 3.8%, and retail investors are left eating instant noodles in the dark.
Cryptocurrency suffers a bloodbath.
BTC breaks below the crucial $82,000 level, ETH simultaneously plunges over 10%, and long positions are forcefully liquidated.
The culprit has been identified as the Federal Reserve! The expectation of interest rate cuts is purely wishful thinking; previously, traders predicted a probability of over 50% for a rate cut in December, but overnight it was slashed to 35%! The Vanguard Group has even issued hawkish statements, stating that there will be at most one to two rate cuts next year. Even more fatal is the non-farm payroll data, which shows an increase of 119,000 jobs, far exceeding the expected 50,000, directly shattering the fantasy of rate cuts—this operation is clearly the Federal Reserve's targeted demolition!
Panic is at an all-time high, analysts are issuing urgent warnings, Bitcoin has fallen into the 'extreme fear zone,' and market sentiment has hit a nearly ten-year low, with the fear index soaring to its peak!
Yesterday we were still imagining Bitcoin reaching $100,000, and today we are back to square one, all our hard work over the year wasted!
Market logic has completely changed, is cash truly king now? With a single statement from the Federal Reserve, the market's direction has been rewritten, and the expectation of rate cuts has reversed to become the biggest killer. Even with good earnings, tech stocks are not rising; old strategies have completely failed, and algorithmic trading may trigger a cascading sell-off. Is it really the time to buy the dip now, or should we hold cash and wait? Should you reduce or increase your positions? Share your operations in the comments, let's see who is the real rookie, and who is the veteran?