"The global market is in turmoil, and Bitcoin faces an increasing risk of a "plunge"!"
"Liquidity is like oxygen, which is imperceptible at ordinary times, but instantly fatal when lost.
——Redd Leo, founder of Bridgewater Associates (Principles)”
The stock market has been in trouble recently due to Trump’s trade war and tariff shocks!
The correction in the past 30 days has exceeded 93% of the corrections in the past 5 years! The current correction is as severe as the market crash during the COVID-19 pandemic and the bear market in 2022.
The S&P 500 has experienced its biggest drop since March 2020, down 11%. At the same time, the index's 50-day moving average has been trending down and is close to forming a "death cross" - the 50-day moving average falls below the 200-day moving average.