$BTC Today's market has no tricks, just one sentence:

Emotional stomping + leveraged explosion.

When BTC, ETH, and BNB all drop together, it indicates that the problem isn't with the fundamentals,

it's that someone needs to cut positions, needs money,

such market conditions usually don't last too long.

Looking at the second-tier altcoins, they are dropping harder than the mainstream:

AI -28%, GIGGLE -37%, ASTER -13%,

this isn't a project issue, it's the entire chain's leverage being wiped out.

You don't need to check the liquidation data to know it's a mess.

But pay attention to one detail:

The trading volume hasn't collapsed.

When someone sells, someone else buys.

This is a good thing, not a bad thing.

My understanding is very simple:

It's neither the top nor a bear market,

it's just a typical "de-leveraging correction."

Markets that drop quickly usually recover quickly.

How to operate?

To be honest, I didn't increase my position today, nor did I cut losses.

I'm just watching a few mainstream levels:

I'll reassess BTC when it drops to a critical level, ETH will follow BTC's lead, and I'll buy SOL in batches.

For altcoins, only look at strong narratives; don't force encounters with the weak, or you'll get trapped.

Market behavior follows one principle:

Don't panic when it drops, don't get carried away when it rises.

Staying alive is more important than anything else.

What do you think?

Feel free to share in the comments, don't keep it to yourself.