btc暴跌原因

#美联储重启降息步伐 #BTC暴跌原因 This morning's sharp drop in Bitcoin was expected. It's not that mysterious; it's just that the big players took advantage of the rumors about Old Powell's resignation to short the market. From a technical perspective, it looks like it's going to retest the lower point, likely around 82000, then oscillate around 90000, and eventually break below 80000 before returning to 100000 by the end of the year. I'll analyze it in detail later; for now, I'm not entering BTC and will focus on other opportunities.

Trump's tariffs trigger the "1011 massacre" in the cryptocurrency circle, 1.6 million people face liquidation!

A mysterious whale exited with 30 million in J20 doubling in 20 hours, over 1.6 million investors were harvested amid the crash. On October 11, former US President Trump threatened to impose a 100% tariff on China, causing a sharp decline in global risk assets, with Bitcoin plummeting 13.5% to $102,000 and Ethereum breaking $4,000, while BNB fell below $1,050.

1. Tariff Panic

Trump announced a 100% tariff on China starting November 1, raising concerns about global trade tensions, leading to declines in cryptocurrencies and US stocks, as investors shifted from risk assets to gold.

2. Market Catastrophe

Mainstream coins collapse: On the night of October 10, Bitcoin slid from $117,000, after 30 minutes post 5 AM on the 11th, dropping nearly 1% every minute, plummeting over 4% in one minute at 5:19 AM (nearly $5,000), ultimately hitting $102,000; as of the morning of the 11th, Bitcoin fell below $116,000 (24-hour drop of 4.12%), Ethereum once crashed 17% below $4,000.
Altcoins collapse: SUI fell from $3.5 to $0.55, WLD dropped from $1.4 to $0.26, Dogecoin fell 50%, and small-cap tokens basically went to zero.

3. Liquidation Data

In the past 24 hours, over 1.6 million people globally faced liquidation, totaling $19.1 billion (a historic high), with liquidations concentrated within 4 hours on Friday afternoon Eastern Time, as leveraged traders were forcibly liquidated.

4. Mysterious Whale

Before the crash, a trader opened a $1.1 billion short position in Bitcoin and Ethereum on Hyperliquid with $30 million, doubling the principal within 20 hours (earning $30 million) and exiting with $60 million, leaving their identity a mystery.

5. Global Market

The S&P 500 index fell 2.71% on October 10 (the largest weekly drop since May), the Nasdaq index fell 3.5% (the largest single-day drop since April 10), Hang Seng index futures dropped 5%, and FTSE A50 index futures fell 4.26%, with only gold remaining stable.

The market is not short of miracles and tragedies; a bull market is not a celebration for all; respect for the market is essential for survival. #BTC暴跌原因