Breaking News! The Hidden Hand Behind the Plunge of BTC and ETH is Actually an “Insider” from the Federal Reserve Last night, the market was originally convinced that an interest rate cut from the Federal Reserve was a done deal, but a storm hit without warning.
Fed regulator Barr, a usually low-key power broker, suddenly went public saying: “Inflation is still as high as 3%, far from the 2% target!” This statement was like a bombshell, instantly igniting the market. Traders panicked, and all hopes for an interest rate cut were shattered in an instant.
That night, the market was a sight to behold: U.S. stocks: The Nasdaq index experienced a sharp drop, going from a 2% increase to -2%, evaporating wealth in an instant. Cryptocurrency: Bitcoin fell below the key level of 90,000 USD, and the digital currency market was bleak. Expectations reversed: the probability of a rate cut in December plummeted from 80% to 40%. In fact, there have long been undercurrents within the Federal Reserve, splitting into two major factions: The hawks took a strong stance: “Talking about interest rate cuts is a betrayal of the mission to combat inflation!” The dovish voices were weak and completely suppressed by the hawks.
Even the authoritative reporters of the “Federal Reserve News Agency” admitted that the consensus within the Fed has broken down, falling into confusion about direction. Moreover, the September non-farm payroll report was a complete mess: the number of new jobs surged, indicating a hot economy; however, the unemployment rate rose to a four-year high, revealing recession risks. This contradictory data put the Federal Reserve in a dilemma and provided Barr with an opportunity to “take action.”
The FOMC meeting in December is approaching, and this is no ordinary interest rate meeting; it is a key judgment that will determine the life and death of the market. If the Federal Reserve hits the pause button on interest rate cuts, the market is likely to fall into a prolonged winter. A storm is coming; are you ready?
If you want to delve deeper into this circle but can’t find a clue, and want to quickly get started to understand the information gap, you can click on my profile picture to follow and gain more first-hand information and in-depth analysis. #山寨币市场回暖 #美SEC推动加密创新监管 #币安合约实盘
Even if a bear market comes, you still want to catch a bit of the bull market's tail! Comfortably and simply take it down. Directly shorted at 0.47 and made a nice profit during lunch time. Made a small profit of a few thousand USD. Choosing Huangdi is guaranteed to be right!
Want to flip your position? Want to recover losses? The chat room gathers to help you position in the main uptrend of the bull market! Enjoy high-quality resource support, only for like-minded friends! (Serious inquiries only) #美联储重启降息步伐 #美联储重启降息步伐 #美股2026预测
Oh no! The Binance airdrop threshold of 255 points is coming, and a 15-day operation could lead to losses but gain attention?
Users holding no less than 255 Binance Alpha points are eligible to claim this token airdrop benefit. Specifically, at 18:00 on November 21 (UTC + 8), the claiming channel will open on time, and eligible users will be able to claim 200 ARTX tokens airdrop. It is worth mentioning that if the event has not ended, the point threshold will automatically decrease by 5 points every five minutes.
Hey!! This threshold of 255 points feels like it’s just looking at the not-so-many people who are leaving, and planning to “add a knife” again.
Based on the current situation, if you participate in the “2 + 15” operation daily, consuming about 1 - 2U each time, then after 15 days, you may qualify to claim the airdrop, receiving something worth about 20 - 40. However, after these 15 days, the minimum wear cost has reached 22.5U, and this does not account for possible losses caused by being “sandwiched” by the market during the operation.
Previously worried about personnel leaving, I hurriedly issued airdrops for tomorrow and the day after, but now setting the threshold so high is indeed a bit baffling, too outrageous!
Accurately grasping the market, sharing strategies in real-time, secretly announcing points, want to witness everything in the chatroom集合! Currently, I still have the contract password! #美SEC推动加密创新监管 #美联储重启降息步伐
Oh my! Is the bear market here? The storm eye of Bitcoin at $73,000 - $84,000 emerges, is it a bottom-fishing feast or a wealth trap?
The "final bottom" of Bitcoin in this round of adjustment may be in the range of $73,000 to $84,000, based on the average holding cost of Bitcoin for IBIT and MicroStrategy. This range is considered the "maximum pain point" and has some rationality. Because the holding cost line of institutions often affects their operations, when the price drops near the cost line, institutions may buy more to average down costs or avoid further losses, thus forming support.
From the market impact perspective, if the price drops to this range, it may indeed trigger some positive actions from institutions and long-term holders, such as large institutional purchases of spot ETFs and long-term holders hoarding coins, which may to some extent drive a price reversal.
However, one cannot determine the bottom solely based on these two cost lines. The Bitcoin market is influenced by various factors, such as the state of the macroeconomic situation and the tightening or loosening of policy regulation, all of which can have a significant impact on its price. Moreover, market sentiment is complex; even if it reaches this range, panic sentiment may spread and lead to further price declines.
The market has experienced a crash, with blood flowing in the streets, and I will later prepare some strong coins suitable for bottom fishing as a recovery plan. Brothers and sisters who want to follow the strategy, join the chat room. #加密市场观察 #特朗普取消农产品关税 #BTC
Is the bear market here? Shocking! Bitcoin crashes in 3 minutes, with $960 million in liquidations behind a doomsday wave?
On November 21, the Bitcoin market experienced a "blood rain and wind," with the $82,000 defense line collapsing in just 3 minutes, and $960 million in liquidations across the network within an hour, with the proportion of long positions liquidated reaching as high as 99%, which undoubtedly dealt a heavy blow to the bulls.
This plunge was not a coincidence; it is the result of multiple factors working together. The collapse of the leverage bubble was the direct trigger, and excessive optimism in the market led to a surge in bull leverage ratios and concentrated positions, causing minor fluctuations to trigger "nuclear-level" liquidations in the futures market. On a macro level, the Federal Reserve's meeting minutes released "hawkish" signals, expectations for interest rate cuts cooled, and the strengthening dollar accelerated the withdrawal of funds from cryptocurrencies. On a technical level, the death cross of the 4-hour chart moving averages expanded, the lower Bollinger Band was breached, and after the key support level was lost, algorithmic trading exacerbated the decline, forming a death spiral.
From the market impact perspective, short-term pain is still ongoing. Although the current liquidation amount is lower than that of January this year, the fear index has hit extreme values, and below $80,000 may trigger selling pressure from miners, leaving the market still facing downside risks. However, there are also some positive signals, as large USDT deposits have appeared in whale addresses, which may indicate that funds are preparing to accumulate at lower levels. Historical data also shows that technical rebounds often occur within 24 hours after a sharp drop.
For retail investors, in such a market environment, it is essential to manage risk properly. Reduce leverage to below 3 times to avoid being forcibly liquidated due to excessive leverage and becoming part of the liquidation statistics. At the same time, transfer assets to cold wallets to prevent potential liquidity crises at exchanges that could lead to asset losses. If considering bottom fishing, be patient and wait for the 4-hour level to show stop-loss signals such as the "morning star," and build positions in batches, with the first position not exceeding 10% of total capital, and avoid blindly following the trend.
The cryptocurrency market is highly volatile; while leverage trading can bring high returns, risks also increase exponentially. Investors must remain rational when participating in the market, fully recognize market risks, and manage risks and asset allocation.
Although the overall market is slightly sluggish now, opportunities to make profits in USDT will come! Be patient and wait for the opportunity to arise; the chat room will provide updates below, and I will share the trading points later. #加密市场回调 #美联储重启降息步伐
Oh my! Black Friday, the bear market is here, brothers.
The market has experienced a sharp decline, and blood is flowing in the streets. Later, I will prepare some strong coins suitable for bottom fishing as a recovery plan. Brothers and sisters who want to follow the strategy, join the chat room. #BTC
Oh my! If the bear market comes, will BTC drop to 50,000? A hardcore analysis of this super storm.
Brothers, don't argue blindly, let's speak with hard data and see if BTC will crash from 100,000 to 50,000. On the data level, 60% of new ETF funds come from traditional institutions, 35% from family offices and high-net-worth individuals, and less than 5% from native funds. These people have not experienced a major drop; their buying is asset allocation, not belief. They run fast when it drops, and ETF liquidity is a double-edged sword; three major on-chain indicators resonate, with net inflows from whales decreasing in 7 days, activity from coins aged 5-7 years, and exchanges' Bitcoin increasing by 54,000 coins in 30 days, with selling power strengthening; in the derivatives market, the perpetual funding rate for BTC has sharply dropped, long positions reduced by 1.9 billion in 48 hours, and open interest dropped by 3 billion, indicating a turnover of chips.
On a logical level, this bull market relies on traditional funds, which do not add to their positions, do not leverage, and cut directly when prices drop. 50,000 is their psychological safety boundary; the average mining cost for miners is 33,500 USD, and the marginal cost is 48,800 USD. The "deep bottom zone" is around 50,000 USD, and the market needs to kill to reach this point; DAT releases supply, including L1 incentive pools, and the selling pressure has been continuous every day for a year, which will dilute the liquidity of mainstream coins. 50,000 follows the law of supply and demand. The conclusion is that the most likely bottom range is 53,000 – 58,000, with extreme conditions at 47,500 – 51,000. BTC will not die; it will only be held by the strong. If the market does not drop to 50,000, this bull market will not truly restart. The bull market relies on drops to emerge, and three conditions must be met: ETF new funds must be washed out, old coins must be turned over, and the main force must complete accumulation. The more it drops, the closer it gets to the real bottom. If BTC drops to 50,000, that's not a crash; it's a new opportunity.
Although the market is slightly sluggish now, opportunities to make money will come! Be patient and wait for the opportunity to arise. The chat room has been provided below for everyone, and I will share trading points later. #加密市场观察 #鲍威尔发言 #特朗普取消农产品关税
Hesitation will inevitably lead to losing many things, being envious is not as good as taking action; what you gain from action will always be your own. Sometimes, you only need a wave of trend to flip the situation.
The support level from a technical perspective is just a reference. If Trump releases good news today, the so-called bottom might be broken immediately.
Now, the bottom can no longer be seen solely through candlesticks; it needs to look at the macro: is there capital inflow, is there a new narrative, is the overall environment stable?
Precisely grasping the market situation, strategies shared in real time, points disclosed secretly, wanting to witness everything in the chatroom gathering! Currently, I still have the contract password! #特朗普取消农产品关税 #币安合约实盘 #鲍威尔发言
Explosive! ZEC is rushing towards a crazy critical point, with short-seller bombs waiting to explode above, can the "bull defense line" hold below?
ZEC is currently indeed at a relatively critical position. From a technical perspective, various indicators show that there is certain upward momentum in the short term, but the pressure above cannot be underestimated. Standing above important moving averages and breaking through the middle track of the Bollinger Bands is a positive signal, but the red bars of the MACD indicate that there may be short-term pullback risks, so we cannot be blindly optimistic.
The on-chain liquidation heat map further increases the uncertainty in the market. A large number of short liquidation positions above are like a double-edged sword; if the price can break through this area, it may trigger a strong upward trend; but if it is blocked, it may lead to a significant price drop. The bull defense line below is an important short-term support; once it falls below this level, the upward trend may change.
The macro impact on ZEC cannot be ignored. Due to its high correlation with Bitcoin and the Nasdaq index, changes in macro sentiment will directly affect its trend. In the current market environment, investors need to closely monitor macro dynamics and adjust their investment strategies in a timely manner.
Current operations need to be cautious. Holders can adjust their stop-loss and take-profit levels according to their risk tolerance; those who have not entered should not rush to chase high prices, but wait for the right opportunity to enter. In any case, strict stop-loss settings must be established to control risks and avoid significant losses due to market fluctuations.
For the upcoming layout strategy, I will aim for the opportunities in altcoin profits together with loyal followers, targeting to double the investment, and enter the chat room to layout together. #加密市场回调 #山寨币市场回暖
Is this a vaccine shot against the bear market? On the eve of Bitcoin's high-pressure surge: a triple storm of technology, data, and macroeconomic factors is coming, who will laugh last?
Bitcoin is currently indeed at a critical juncture, with technical, fundamental, and macroeconomic indicators showing high market uncertainty. From a technical perspective, the triangular consolidation pattern has reached its endpoint, and the contraction of volatility suggests that a significant market movement is imminent, but the specific direction is difficult to predict. On-chain data further exacerbates this uncertainty, with the massive liquidity zones above and below acting like two 'time bombs'; once triggered, the market could change dramatically.
The impact of macroeconomic factors on Bitcoin cannot be ignored. In the current environment of the Federal Reserve maintaining high interest rates and tight market liquidity, risk assets like Bitcoin are under pressure. However, the macroeconomic landscape can change at any moment, and any positive or negative news could act as a catalyst for market movements.
In this complex market environment, it is essential to remain cautious. Short-term traders can wait for the market to clarify its direction before entering, avoiding blind operations that could lead to losses; medium to long-term investors need to have enough patience to wait for trend opportunities to appear. In summary, the current Bitcoin market carries high risks, and investors should formulate reasonable investment strategies based on their risk tolerance and investment goals.
Breaking! The craziest meme coin in history — the wealth myth of Shiba Inu Coin!
In the crazy world of cryptocurrency, Shiba Inu Coin can be considered the king of price increases! In August 2020, it entered the market with an extremely low profile, with an initial price that was almost negligible, at about $0.00000000001.
In 2021, the meme coin frenzy swept in, the power of the community crazily boosted it, and Elon Musk's occasional comments on it added fuel to the fire, leading mainstream exchanges to bring it under their wings. With all these favorable conditions, the price of SHIB skyrocketed like a rocket.
In October of that year, it surged to a peak of about $0.000088, with an increase of over 13 million times! Some lucky individuals made a purchase of only $80 and ended up making a staggering 40 million yuan after selling!
Even more exaggerated is that in the entirety of 2021, the increase of SHIB reached about 43 million%, due to its initial market value being so low it was practically dust, making this percentage increase simply insane! Did you miss this wave of wealth?
Walking alone is lonely; follow me, and unlock more spot contract strategies in the chat room below. Don't be a mere runner in a bull market, be a victor in the bull market! #香港稳定币新规 #加密市场回调
Is a bear market coming? JPMorgan Chase retracts interest rate cut forecast: Global markets face new changes and investment response strategies
JPMorgan Chase's retraction of the interest rate cut forecast has brought considerable shock to global markets. From the current situation, the market's previous optimistic expectations have been shattered, entering a new adjustment phase. Inflation remains a key constraint on the Federal Reserve's decision-making, and the uncertainty in its trajectory makes it difficult for the Federal Reserve's monetary policy to make choices, which directly affects the allocation direction of global assets.
For investors, in such a complex and changing market environment, greater caution is needed. Short-term hedging is necessary; reducing leverage can mitigate losses from market fluctuations, and increasing cash-like assets can enhance liquidity to cope with various potential situations. Mid-term positioning in anti-inflation sectors and high-dividend assets can, to some extent, resist inflation risks while obtaining relatively stable returns. In the long run, although tightening liquidity will put pressure on the market, it is also a good time to select quality assets. Those with core competitiveness and stable performance may stand out after market adjustments.
However, the market is dynamically changing, and it is necessary to closely monitor inflation data, the Federal Reserve's policy direction, and other macroeconomic indicators, adjusting investment strategies in a timely manner based on actual conditions to reduce risks and achieve asset preservation and appreciation.
The market changes every day. Don't let your mindset get too tight. If you often feel you're a step behind and are afraid of being disturbed by market noise, feel free to chat with me. #美股2026预测 #山寨币市场回暖
$ZEC: Cutting through the fog to reach the top truth! Are you confused by the $ZEC price movements? Don't worry, I'm good at analyzing top and bottom structures, so let me break it down for you. Building a Top: Multi-Period 'Relay Decline' I am certain that $ZEC is building a top. It hasn't dropped quickly because the monthly and weekly charts are upward, with significant inertia. Currently, the daily chart is consolidating, like a train stopping before arriving at the station; only when the daily chart drops can it lead the weekly and monthly adjustments, forming a chain reaction. Whale Selling: 'Slow Motion' Under Abundant Profits $ZEC has risen dozens of times from the bottom, and the whales have made a fortune, with chips piled high. However, the market buy orders are scarce, like a party without new guests; the whales can only sell slowly. On November 17, the whales sold a small amount of chips, and the price plummeted by 12.66%, clearly indicating that supply exceeds demand. False Breakout: 'Magic Show' of a Long Trap On November 15, the K-line intentionally broke the left high to attract investors making breakout trades. Many thought it was going to surge to $1000 and rushed in, not realizing this was a long trap set by the whales to let retail investors take over. Shrinking Uptrend: 'Danger Signal' of Exhausted Buy Orders Yesterday, $ZEC rose by 7.9%, but the trading volume shrank, like a rocket without fuel. Today's volume is expected to be even lower, without buy support, making it hard for the price to rise. Moreover, the MACD energy bars diverged, further proving it is a top. Insufficient buy orders make it difficult to continue consolidating, leading to a likely large bearish candle. Operational Strategy: Respond Cautiously, Grasp the Rhythm If tomorrow's daily closing cannot stabilize above $699.15, a short position can be taken at highs on the 4-hour level. If the first target is lost, we look to the second target; if the second target is held, there may be a rebound, but it is likely to continue falling afterward, with a potential third target. The whales have many chips and will repeatedly make tops to sell; be prepared for a protracted battle. If you have short positions stuck, don’t rush; set the liquidation price above $1000 for relative safety. For those preparing to short, control leverage and position size to prevent the whales from 'violently spiking'.
Top-tier news, top-tier layout, the same opportunities, the same gains; follow along to reap the rewards, and the strategy continues. Guessing blindly is not as good as focusing on grasping it. #香港稳定币新规 #加密市场回调 #美联储重启降息步伐
The bear market has arrived, and the interest rate cut in the U.S. in December has become a scam. December and January 2026: No hope for interest rate cuts from the Federal Reserve! The last "dream" of the market has shattered, with no signs of monetary easing or market rescue; the liquidity winter in the cryptocurrency space continues, and we can only hold on alone.
May to October 2025: The carnival of "interest rate cut fantasies" From May to October 2025, the market fell into a carnival of "interest rate cut expectations." Everyone fantasized that the Federal Reserve would inject liquidity, and BTC soared to its peak. But this was just speculation, a "game of expectations," and as the tide recedes, those who followed the trend may become "naked swimmers."
Currently: The market turns sharply downward Now, the main theme is "no interest rate cuts." BTC is experiencing fluctuations and a downward trend, with prices probing the 70,000 to 74,500 range, and it may even plummet to 68,500. Every support level is weak and could be breached at any time; investors feel like they are in a dark forest.
Bottom timing: Late January 2026 Late January 2026 may be a good time to buy the dip. At this time, the probability of BTC hitting the bottom exceeds 85%, with negative sentiment exhausted, and a reversal may be welcomed in despair. Investors should remain calm and restrained, and not enter the market too early.
Future: The return of "interest rate cut expectations" from April to October 2026 The law of the cryptocurrency market is to hype the "future." From April to October 2026, the hype around "interest rate cut expectations" may return. Visionary investors can position themselves in advance but must conduct proper risk analysis.
Remember: The wisdom of navigating bull and bear markets "Bull markets are born in pessimism, grow in skepticism, and die in euphoria." Currently, we are in a "moment of pessimism," and investors must hold firm in their beliefs, sharing reminders with those around them, so they don’t fall before dawn.
Although the market is slightly sluggish now, opportunities to profit will come! Be patient and wait for the right moment; the chat room has provided some insights below, and I will share trading points later. #特朗普取消农产品关税 #加密市场观察
The bear market is here, how are the brothers of the army doing?
Did your legs go numb today?
The market has experienced a sharp decline, and blood has flowed in the market. Later, I will prepare some strong coins suitable for bottom fishing as a recovery plan. Brothers and sisters who want to follow the strategy can join the chat room. #特朗普取消农产品关税 #鲍威尔发言 #美联储重启降息步伐
The bear market is really here! BTC, ETH, and the waterfall plunge, are you all feeling nervous?
Crypto industry expert Banmuxia has dropped a bombshell: In this round of Bitcoin adjustments, $81,800 and $74,800 have become key "checkpoints"! He thinks the price is likely to stop near these two points, and even $74,800 might be the "final stop" of the bear market.
For investors, these two numbers are like stars in the dark night, providing some direction. If $81,800 holds, the market might rebound, allowing everyone to make some profit or at least minimize losses; but if it really drops to $74,800, the bear market might be about to "wrap up".
However, don't let these two points blind you! The cryptocurrency market is incredibly volatile, with influencing factors as numerous as the hairs on a cow; how can we solely rely on a few support levels to determine the trend? When investing, don't just focus on one analyst's opinion, listen to the insights of various experts, and comprehensively assess the situation to make decisions steadily. After all, when it comes to investing, the risks are not small, so think it through before entering the market!
Accurately grasping market trends, sharing strategies in real-time, quietly announcing levels, want to witness everything? Join the chatroom! Currently, I still have contract passwords! #美SEC推动加密创新监管 #美国AI行动计划 #美股2026预测
Trump and Musk's New Game: XRP, SOL, DOGE Become New Targets In the capital market, the partnership between Trump and Musk is always fresh, and now the scythe is swinging towards XRP, SOL, and DOGE, with a new round of capital games brewing beneath the surface.
XRP: The Excitement Under Official Endorsement and ETF Aspirations Alibaba's Qwen AI predicts that XRP may surge to $6.5 in November. Trump claims it is a core asset for cross-border payments, prompting institutions to follow suit. BlackRock has applied to stake an Ethereum ETF, raising market expectations for an XRP spot ETF. Technically, XRP shows a triangular breakout and a MACD golden cross, with clear bullish signals enticing investors to take action.
DOGE: Musk's 'Favorite Child' in a Crazy Surge DOGE is seen as Musk's 'favorite child', often trending. When Musk posts a dog emoji, DOGE's price can skyrocket by 20%. Rumors of Tesla integrating DOGE for payments have not materialized, but the community is already in a state of FOMO. If Musk calls out again that 'DOGE is the people's currency', breaking the $1.2 target will be a breeze.
SOL: The Upward Path Established by Ecological Strength SOL has significant ecological advantages, with on-chain TVL surpassing $40 billion, ranking high in the RWA tokenization field. The Trump family has included it in the WLFI reserve pool, adding fuel to its rise. Technically, SOL is in a 7-month upward channel, targeting $500, with the potential to break through $700.
However, one must remain clear-headed; Trump's money-making and Musk's calls are just tools in their capital games. Investors should be wary of risks during moments of euphoria, as timely exits before a plunge are the key to survival.
Market conditions change daily, and one shouldn't be too tense; if you always feel a step behind and fear being disturbed by market noise, feel free to chat. #美SEC推动加密创新监管 #特朗普取消农产品关税 #美国AI行动计划
Looking forward to it, the Alpha preheat airdrop has finally arrived! During this time, everyone has been in an 'airdrop drought', right? Don't worry, new version scoring tips are here to help you easily grab the airdrop! 📅 On November 21, the ARTX airdrop is coming, a platform focused on RWA launch pools. The maximum token supply is 280 million, with an initial supply of 157 million, and the financing situation is unknown. It's expected to start claiming tonight at 6 PM, with a score line of about 240 points, and rewards may be worth 30U. Resources are limited, don't miss out!
💡 New version scoring secrets The official forces an update to the version; you cannot participate in the airdrop without updating. After the update, the recommended price is gone; if you don't enter it manually, you'll have to queue to transact, which is slow and may fail. Enter a relatively easy transaction price, like most transaction prices at 0.118; if you enter 0.12, you can transact quickly. The reverse order function is super practical, which can speed up scoring; test showed that 1000U wore down 0.2U in a stable range. 🌙 Tonight at 6 PM, the Alpha airdrop opens, the mysterious 'wealth code' and strategies for a bear market comeback are waiting for you to unlock!
🌞 Good morning! Don’t miss the value airdrop at 6 PM tonight; prepare in advance! 👨💼 Alpha staff update: 432,594 people employed, with a departure of 0.50 thousand compared to yesterday. Remember to update your wallet, or you won’t receive the airdrop. Don’t feel regret if you missed out on yesterday's $BOB airdrop; as long as you’re not 'cut', it’s fine.
Airdrop project ULTILAND (APTX): The token $ARTX is a sovereign token, versatile in function, forming a dual asset structure with miniARTX, creating a behavioral consensus operating system to incentivize market results. Token economics is integrated into the ecosystem, generating economic value. 💎 ULTILAND is an RWA + DeArt innovation project, $ARTX debuted on Binance Alpha, starting the era of global cultural assets on-chain, combining AI and meme mechanisms, with limitless potential. ⏰ Airdrop key: the score line is about 240 points, first come first served, dropping five points every five minutes, hurry up!
Top-tier news, top-tier layout, the same opportunities, the same growth, keep up to reap the benefits; the strategy continues, guessing blindly is worse than focusing on grasping it. #美国加征关税 #美SEC推动加密创新监管
Breaking! BTC plummets, blamed on the black market? The truth is a massive liquidity crash.
Recently, some have attributed this round of $BTC decline to the seizure of 120,000 BTC by the U.S. government from the Prince Group, claiming that the 'myth' of Bitcoin's decentralization is shattered, and its price will go to zero. This assertion is truly ridiculous, as it seems the speaker believes they understand Bitcoin well.
If Bitcoin were to crash just because it 'cannot be used for the gray and black industries,' then it should have collapsed years ago when Silk Road was taken down. At that time, large amounts of Bitcoin were seized by the U.S., Germany, the UK, etc., yet its price continued to rise. The Chen Zhi incident is not a negative signal for the industry; it is merely the result of internal betrayal.
The real reason for this round of decline is that buying pressure has nearly disappeared, with very few buy orders on the order book, a typical case of liquidity exhaustion. Currently, the market has less USD, as institutions are cashing out and selling assets. From the news, we know that Amazon and Meta are issuing bonds for AI, which has not happened in three years, indicating their cash flow struggles to keep up with the cash-burn rate of AI. Meta has thus faced scrutiny, with its stock price almost giving back its annual gains. Top tech companies are running low on funds; how can the market not be cautious?
The massive crash on October 11 shattered market confidence, and it has yet to fully recover. While the expectations for Fed interest rate cuts and Bitcoin's four-year cycle have some impact, they are not key factors.
This round of decline has nothing to do with the black market; the selling pressure mainly comes from Bitcoin ETFs (especially iBIT). Some say 'Bitcoin is a safe-haven asset,' which is even more absurd. It is a reserve and inflation hedge tool, not a safe-haven asset. Its price depends on USD liquidity; when there is more USD, it rises; when tight, it falls, acting as a reservoir for USD.
As long as market funds are sufficient and buying pressure is strong, large sell orders also struggle to crash the market; shorts must first digest the sell orders. Therefore, don’t link market trends with 'the black market can't launder money'; that is an outsider's imagination.
Want to leverage your position? Want to recover losses? Gather in the chat room, and we’ll guide you to seize the main wave of the bull market! With high-quality resources to support you, limited to like-minded friends! (Serious inquiries only) #美联储重启降息步伐 #主流币轮动上涨 #鲍威尔发言