A giant whale that’s been silent for seven full years suddenly splashed today. The scene looks all too familiar—like it was cut from the exact same mold as last summer’s batch of old relics that woke up from the “ancient era.” Every time “old money” at this level rolls over, the market has to shiver right along with it.

Honestly, with the current chart, sentiment is already frozen solid—so cold that the fear index is about to crash through the floor. This whale dumped nearly 3,000 coins into exchanges in one go; anyone with eyes can tell it’s either taking profit at the top or shuffling positions internally. Either way, the essence is the same: large capital is unloading. But the little buy pressure available to take the order flow isn’t even enough to fill the gap, let alone keep up.

In a weak market like this, any “support levels” or “psychological barriers” are just paper shields. Large funds keep extracting blood from the market—so the chart is as fragile as glass. My view is blunt: whoever rushes in to bottom-fish in the short term is the one going to fill the pit. This whale’s sell-off is only the appetizer. After that, there’s a high chance a whole bunch of big players will follow suit and rush out ahead. Once the panic selling gets triggered, that’s when the real fight starts.

With sentiment already this bad, the bottom can’t be formed overnight. I think this wave of selling pressure still needs to be digested for several more months, and the real bottom is waiting further down. In terms of action, one line: when you get itchy to trade, chop your own hand off—when you feel hot-headed, close your eyes. Be honest with yourself and wait for the market to stabilize on its own. Entering now is purely giving yourself an unpleasant time. #美伊战争阴云再起