The crash caused severe losses; it turns out three blood draw pumps are causing trouble. Retail investors, don't panic and cut your losses.
The moment I opened the market software, I was dumbfounded. The Nasdaq and Bitcoin plummeted simultaneously, and my holdings were all in the red. I felt a heaviness in my chest, almost unable to breathe.
I originally thought it was a black swan attack, but later realized this was no accident. Clearly, three capital harvesting machines started operating simultaneously, draining the market's liquidity completely.
The first machine is the Treasury's money-grabbing operation. $163 billion in government bonds were issued in a pile. This is not financing; it's simply the national team going hard to seize. As the risk-free interest rate rises, hot money rushes to buy government bonds. Who would still want to stay in the crypto or stock markets, these risky assets? My positions were directly pinned down and beaten, falling without any mood to react.
The second machine is even fiercer: the Fed's expectation massacre. Previously, everyone hoped for interest rate cuts, but with one statement of 'no rush to cut rates,' the script was flipped. It's simply a public slap in the face. Leveraged funds were scared into overnight liquidations; the avalanche of liquidation orders crashed the market. This is not a normal correction; it's clearly a capital stampede escaping. The coins in hand plummeted, and there were no buyers to sell to.
The third machine is the banks' cash crunch crisis. Overnight interest rates soared to absurd levels. Banks themselves are scrambling for cash to save themselves; how could there be any surplus flowing into the crypto market?
I stared at my account, struggling all morning. Cutting losses for fear of missing a rebound, and not cutting for fear of further losses. This dilemma is too tormenting. Later, I finally realized that what I should do now is hold onto cash tightly. Never play the philanthropist at the floor price. Missing out on the rebound is fine; cutting at the lowest point is truly a loss.
Next, keep a close eye on three signals: banks easing lending, government bond yields falling, and the Fed softening its tone. As for bottom fishing, focus on BTC, ETH, and BNB, these leaders. They have strong resilience and rebound quickly. Once the signals arrive, entering the market in batches is definitely the right move.
In fact, a crash is not scary; what's scary is panicking and making hasty moves. The market has always washed out the weak hands during crashes and rewarded those who are patient during rallies.
Now everyone is panicking and cutting losses. If you can keep your composure, once the storm passes, what you pick up will not only be chips but the next big opportunity to make money. @阿二说币
