Black swan sweeps the crypto world! US sanctions cause a huge shock, long lines form at Cambodian Huibang outlets as people rush to withdraw money, panic spreads!

This all stems from the accusation against Cambodian billionaire Chen Zhi by the United States for involvement in a "pig-butchering" scam. The U.S. has seized over 120,000 bitcoins (valued at approximately $12 billion) from him, and yesterday, another $2.4 billion worth of bitcoins were transferred, delivering a heavy blow to gray funds!

🔍Why did it explode in the crypto world?
1️⃣Panic sentiment: Large holders' assets were investigated, triggering a chain sell-off in the market.
2️⃣Liquidity Crisis: Huge amounts of Bitcoin frozen, market liquidity plummets
3️⃣Regulatory Risk: The U.S. takes strong action, casting a shadow of regulation over the crypto world.

💥The market plummets in response, panic selling surges! Every crash in the crypto world has deep-seated reasons behind it.

🛡️How should retail investors respond? Remember these three points:
✅Do not cut losses during a sharp drop, reduce positions during a rebound.
✅Stay away from small coins, focus on mainstream coins
✅Keep cash and wait for panic selling to clear.

💡My opinion: This round of wash trading may be an opportunity! The Bitcoin confiscated by the US government may be auctioned in the future, which could be a good time to buy the dip. Currently, we should closely monitor the on-chain data of BTC and wait for the movements of the big players!

📈Want to seize the opportunity? Welcome to follow and communicate to get the latest market insights! #Gate9月透明报告出炉 #加密市场回调 #十月降息预测