Hey everyone, friends from all over the world. I'm from beautiful Singapore, and I'm currently working as an investment analyst at Temasek's headquarters here.
As you might have noticed recently, I feel like major institutions have been plotting to pull away from the crypto industry, even teaming up to suppress the stock market. What's even more concerning is that the liquidity providers, the market makers, are gradually withdrawing their support for cryptocurrency assets. Most of these entities are backed by Americans—frankly, they can be quite unpleasant, almost like vampires. But I’m not worried about their opinions; they aren't even active on platforms like Binance, as the regulatory restrictions prevent them from registering or trading there.
This is precisely why you've seen the Bitcoin candlestick charts looking so unnatural; it's a direct result of the lack of liquidity. When liquidity tightens, the market tends to slow down. In such a sluggish state, prices can plummet sharply, triggering massive liquidations.
I consider myself lucky to have caught onto this trend early. I was well-prepared before the ongoing crash, and the market's movements have validated my judgment. I've been in the financial markets for nine years now, having started my journey in stock investing back in college. While this trade seems to have brought in a significant profit of over a million bucks, it actually only amounts to a little over a year's base salary for me. I'm grateful for this experience and thankful to Temasek for providing me with a platform to learn and grow.