The large pancake has dropped significantly, possibly related to a certain stock big V. There is a WeChat public account called Cat Pen Knife (formerly known as Wealthy Big Bull Cat), which should be a basic big V with millions, trading both stocks and cryptocurrencies, and has a huge influence, with almost every article getting over 100,000 views. Yesterday, he mentioned he started selling BTC, and has sold quite a bit, also mentioning that Meitu has sold out. Such a large-scale big V has a strong guiding influence on the market.