These days Bitcoin is experiencing a black swan event! The reason has been found!
💥 In the past two days, Bitcoin suddenly plummeted, and the entire network was in an uproar! Hundreds of thousands of people were liquidated, and I couldn't help but find the truth and reasons as follows:
The 5 major reasons for this [Flying Disc R]📉 (with a pitfall avoidance guide)
1️⃣ Sudden change in global policy direction
Certain states in the U.S. suddenly halted the “government funding to buy crypto” plan (originally planned to invest 10% of the funds), causing the market to panic instantly! As soon as the signal of tightening policy emerged, everyone began to sell off to avoid risks.
🔥 Pitfall alert: Don't blindly follow policy trends; first observe the official stance!
2️⃣ Major incidents occurred at some exchanges discovering theft events!
A certain large platform ranked third on Non-Small Number was hacked, losing ETH worth 1.5 billion dollars! User asset security became a mystery, directly triggering panic selling.
🔥 Pitfall alert: Never put all your eggs in one basket; if you have significant assets, it’s safer to diversify into cold wallets!
3️⃣ Reckless high-leverage trading caused disastrous liquidation
In the last 24 hours, over 290,000 people were liquidated, losing 63 small targets! With high market volatility, high-leverage players were directly forced to liquidate, losing everything 😭
🔥 Pitfall alert: Complete novices should proactively stay away from leveraged contracts; if you can't even understand spot trading, don't take risks!
4️⃣ Technical warning of pullback structure
It is said that after a significant continuous rise, a pullback is inevitable; last month I warned that it would drop to around 89,000-83,000! Many big players and institutions also believe this, and some institutions fled early, leaving retail investors to pick up the pieces…
🔥 Pitfall alert: Don't blindly believe in “always rising” or “always falling”; learn to observe trend lines and support levels!
5️⃣ Butterfly effect caused by international situation
Recently, the international situation has become tense and increasingly perplexing, with Russia-Ukraine negotiations, declining oil prices, and capital shifting from “risk assets” to safe-haven assets like gold, which also drained the crypto market!
🔥 Pitfall alert: Pay attention to geopolitical issues; when gold rises, Bitcoin may fall.
