Today, the market seems to show signs of recovery, with panic selling pressure significantly reduced. Instead, everyone is actively participating in Auto-Invest. The lower BTC drops in price, the cheaper the chips we acquire. Looking at it this way, the main reason for the selling is the leverage liquidation pressure on institutional Collateral, so they need to reduce position to exchange for a healthy Margin index. Therefore, there is still money in the market; it's just that no one wants to be a dumb buyer and everyone is waiting.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today, the market seems to show signs of recovery, with panic selling pressure significantly reduced. Instead, everyone is actively participating in Auto-Invest. The lower BTC drops in price, the cheaper the chips we acquire. Looking at it this way, the main reason for the selling is the leverage liquidation pressure on institutional Collateral, so they need to reduce position to exchange for a healthy Margin index. Therefore, there is still money in the market; it's just that no one wants to be a dumb buyer and everyone is waiting.