记住保持冷静

As a veteran in the crypto space, let me explain in simple terms what this recent wave of "chain drops" is all about and how we should view it:

This major drop can be boiled down to three main reasons:
First, Elon Musk and Donald Trump are publicly clashing, which has severely impacted Tesla's stock price (down 9% in one day), and the Dogecoin he supports has also crashed, directly scaring the crypto market.

Second, the crypto market had been rising too crazily recently (Bitcoin even surged to $110,000), and institutions took the opportunity to withdraw funds from Bitcoin ETFs continuously, plus June has historically been a month prone to declines, causing everyone to be anxious.

Third, the most critical factor is that the U.S. debt hole might explode (Trump even wants to cut taxes to make the hole bigger), and big players are warning that high-risk assets like crypto are definitely the first to be dumped.

Moving forward, we need to keep an eye on two things:
1. Is Musk still fighting with Trump? If so, Tesla and Dogecoin will likely continue to fall.
2. U.S. employment data (non-farm) on Friday: Bad data could be good for crypto (possibly leading to interest rate cuts), while a rebound in inflation would be negative.

In terms of strategy, remember two things:
Don't panic! The foundation for a bull market (institutional entry, Bitcoin halving) is still there. Those with plenty of money shouldn't rush to buy the dip; wait for Friday's data to come out. Those with less money can take the opportunity to gradually pick up some ETH and SOL during the sharp drop.
Rest assured, this wave is just a breather for the bull market; we haven't reached the finish line yet! #币安Alpha上新