【Late Night Horror】The 519 curse reappears! Ethereum crashes late at night, on May 19, 2025, the cryptocurrency market suddenly plummeted in the middle of the night, especially Ethereum suffered the most, making me break into a cold sweat! This scene is exactly the same as the '519 disaster' four years ago, when Bitcoin plummeted from $50,000 directly to $30,000, and Ethereum fell over 40% in one day, with countless people getting liquidated on the rooftop. Now this market is really nerve-wracking, fearing history will repeat itself.
To be honest, the market had already risen too much before this crash, and a correction is normal, but the sudden plunge in the middle of the night definitely means big players are up to something. Although things are different now than in 2021, with more institutional participation and more mature technology, regulatory pressure is increasing, and leverage remains high, the risks have not diminished at all.
I advise my friends not to panic, first check your leverage positions, and cut losses if necessary, never hold on stubbornly. The most important thing right now is to keep enough ammunition and slowly accumulate when the market stabilizes. Remember, staying alive gives you a chance to turn things around, don’t be like those brothers who jumped off rooftops back in the day.