Bitcoin fell below $74,000, with 150,000 positions liquidated in 24 hours—90% of them long positions.

ETFs saw net outflows of $1.28 billion last week, while stablecoin supply evaporated by $6.66 billion in a single week—the sharpest liquidity drain since the 2022 UST collapse.

Don't rush to call it “the end of the world.” This time, it wasn't an on-chain failure; the AI bubble in US stocks burst, and leveraged longs were caught in the crossfire. The network hasn't collapsed, but money is flowing out.

Tuesday's CPI data is the real test. If the numbers come in soft, a rebound is possible; if they're hot, the $70,000 level is in sight.

This isn't a time for blind faith—it's a time to manage your positions. 🔥🔥🔥 $BTC $ETH #比特币连续五周下跌