#加密货币市场波动 The recent market volatility has indeed been alarming. This decline was primarily driven by two factors: the liquidation event on October 11 and the increasingly severe macro environment. The liquidation event exposed the market’s fragility, while on the macro front, persistent inflation, weakening employment, and rising geopolitical risks have also put pressure on risk assets.

From on-chain data, large holders and whales have slowed their buying pace, while retail investors are accelerating their bottom-fishing. This kind of divergence often occurs at the end of a cycle, indicating that the market may face greater fluctuations. This morning’s sharp drop seems to confirm this, appearing more like a liquidity and position adjustment.

For copy trading strategies, extra caution is now required. I will closely monitor traders who have performed steadily during this volatility and may consider diversifying copy targets to spread risk. At the same time, pay attention to changes in market sentiment and be prepared to adjust strategies at any time. After all, in such times, preserving capital is more important than pursuing high returns.