Is the crypto market collapsing today? 3 breaking news messages flooding the screens, the entire market is stunned
Today's crypto market can be summarized in one sentence:
The whole circle is stunned by the sudden news.
From the morning session, the market was obviously not right:
BTC suddenly plummeted, ETH crashed sharply, popular altcoins fell back to pre-liberation levels in one day.
But what really shocked people were the three news messages that flooded the screens simultaneously——
⚠️ ① Whales continuously selling off, directly creating a selling pressure of nearly 1 billion dollars
On-chain data shows that a long-term "never sells coins" whale suddenly transferred a large amount of BTC within a few hours.
The market panicked instantly:
“Is there some inside information?”
“Is this a signal for a new round of waterfall?”
The result was: prices instantly plummeted.
⚠️ ② Major exchanges reported technical abnormalities, user withdrawals delayed
A certain large exchange suddenly displayed a widespread "withdrawal lag" notice.
Although the official stated it was a "system upgrade",
everyone understands what an upgrade like this means during such times.
The worse the market, the more afraid of "black swans".
This wave of panic instantly intensified.
⚠️ ③ Global market sentiment plummets: US bonds soar, stock markets crash, risk aversion sentiment fully erupts
External markets worsened the situation:
US bond yields suddenly soared, global risk assets weakened simultaneously.
Risk aversion sentiment rose, and once traditional funds withdrew, the crypto market was hit hard.
These three pieces of news stacked together——
Who can withstand it?
🤯 Market panic has reached its peak, but could this be the "eve of reversal"?
Every major drop sees some in despair, some in panic, some leaving the market.
But history tells us:
Crypto has never made money when it's rising, but rather determines fate when it's falling.
The higher the panic, the closer we are to the bottom;
The more liquidations, the easier it is to see a "strong rebound".
The truly terrifying thing is not the drop,
But when no one dares to speak.
