Current gold and silver are both down over 6%, compounded by US stock declines
This is a typical macro liquidity crisis triggered by capital withdrawal Forced indiscriminate selling of high-liquidity assets for cash Not a fundamentals issue BTC is passively declining with the market, macro funds are bleeding out As a high-risk asset, it's impossible to stay insulated It will inevitably face cascading selloffs Currently 68K is barely holding, but if US stocks continue deteriorating at open Once it breaks through 68K, it will directly trigger massive long stop-loss orders below, triggering chain liquidations and accelerated downward spikes Current strategy prioritizes stability, don't bet on 68K holding Wait patiently for large-scale network liquidations The extreme sentiment of funding rates turning negative across the board Wait for panic selling to end Bottom with long lower wicks That's the best opportunity for bottom fishing (Chen Jiaguan)
Current gold and silver are both down over 6%, compounded by US stock declines
This is a typical macro liquidity crisis triggered by capital withdrawal
Forced indiscriminate selling of high-liquidity assets for cash
Not a fundamentals issue
BTC is passively declining with the market, macro funds are bleeding out
As a high-risk asset, it's impossible to stay insulated
It will inevitably face cascading selloffs
Currently 68K is barely holding, but if US stocks continue deteriorating at open
Once it breaks through 68K, it will directly trigger massive long stop-loss orders below, triggering chain liquidations and accelerated downward spikes
Current strategy prioritizes stability, don't bet on 68K holding
Wait patiently for large-scale network liquidations
The extreme sentiment of funding rates turning negative across the board
Wait for panic selling to end
Bottom with long lower wicks
That's the best opportunity for bottom fishing (Chen Jiaguan)