Family, Bitcoin has fallen below $90,000, and the market is in mourning! But the truth is — this is not a crash at all, but a carefully planned 'liquidity stress test'!
1. The Federal Reserve's 'invisible easing' is the key password
While everyone is focused on interest rate cut expectations, the Federal Reserve is quietly purchasing $40 billion in short-term government bonds each month. This operation is called 'avoiding balance sheet contraction', but in reality, it injects liquidity into the market! However, the tap is open, but the water hasn’t immediately flowed into the crypto circle — the banking system is experiencing a cash crunch, and funds are prioritized to fill the traditional financial gaps, making the crypto market a 'liquidity subordinate station'.
2. The culprit of the plunge: the collapse of policy narratives!
Bitcoin has erased all its gains this year, not because of a deterioration in fundamentals, but because the 'Trump trade' narrative is falling apart! Nobel laureate Paul Krugman bluntly stated: 'The price of Bitcoin has become a bet against Trumpism.' As his approval rating drops to 38%, expectations for policy dividends are cooling, and institutional funds are collectively withdrawing. Even more cruelly, stablecoins have become the 'white knights' for U.S. Treasuries — Tether holds $120 billion in U.S. Treasuries, and once large-scale redemptions occur, it could trigger a chain sell-off!
3. Player survival rule: Don't be a 'leveraged gambler', learn to be a 'underwater fisherman'
Short-term strategy: The market has entered the 'panic liquidation phase', and below $90,000, positions can be built in batches, but leverage must be zeroed out! Historical data shows that when Bitcoin falls below key levels, it is often accompanied by a rebound of more than 10%, but remember that a rebound is not a bull market, but an escape window!
Long-term layout: Pay attention to the Federal Reserve's power transition in 2026 — if Trump confidant Haskett takes charge of the Federal Reserve, it could initiate an aggressive easing cycle, and Bitcoin may surge to $170,000. But before that, cash is king, waiting for signals of institutional fund inflow (such as ETF net inflows reappearing).
4. Anna's sharp perspective: The crisis is an invisible door for 'class reshuffling'
The current market is eerily similar to the night before the winter of 2018 — retail investors are panicking and cutting losses, while giants are hoarding in the shadows. The real risk is not the price drop, but losing chips when you're at the bottom!
Remember: Bitcoin never lacks miracles; what it lacks is patience to cross cycles. There are no gods in the crypto world, only teachers with good mindsets. If you don't know what an effective breakout is or what a coin with 10x returns is, pay attention to @南安娜sol and enter the altcoin territory! #加密市场反弹
