Is a crash coming? The most unforgettable day in the crypto world - 312
On March 12, 2020, BTC plummeted from 8000 to 4400, halving in one day, and ETH crashed alongside, dropping so much that even its mother wouldn't recognize it. Countless people lost everything overnight, with some even going to the rooftop. But the plot twist came too quickly; the next day, BTC soared from a low of 3782, rising all the way to 69000, an 18-fold increase! Truly a moment of hell, followed by a moment of paradise.
What’s the market situation now? Tariffs are causing trouble, prices are soaring, inflation pressure is immense, and the market is in panic. Interest rate cuts are long overdue, the Federal Reserve is dragging its feet, the market is short on cash, and liquidity is nearly exhausted. The market behaves like a roller coaster, with weak sentiment that could crash at any moment or suddenly take off.
Will 312 repeat? Although history cannot be directly copied, the current situation resembles the days leading up to 312 in 2020: money is tight, the market lacks funds, and any slight disturbance could trigger panic selling. Policies are unclear, with tariffs and interest rate cuts hanging in the balance, leaving everyone uncertain. Sentiment has collapsed, investor confidence is wavering, and any bad news could spark a chain reaction.
But don’t forget, after a crash, there are often great opportunities. If the market really crashes, it could serve as the starting point for a new bull market, just like in 2020.
How to respond? Don’t panic, don’t let market sentiment drive you, as panic selling is the easiest way to lose money. Don’t go all in; keep some cash on hand, and don’t bet everything at once. If a crash happens, it could be a good time to buy the dip. Seize the opportunity; if it really crashes, it might be the right time to buy low, but make sure to choose the right targets.
