🚨 Crypto plunged again! Triple-selloff convergence—will the bulls be wiped out overnight?
🔥 The trigger:
Nvidia’s “Huang Boss” suddenly quit without another job lined up! $NVDAB flash-crashed, dragging tech stocks down with it; $BTC lost 70,000, and $ETH fell below 2,000, sending risk assets tumbling across the board.
💀 A cascade of liquidations:
$720 million liquidated across the crypto market in 24h! Longs accounted for 90%—leveraged traders got precisely wiped out, while altcoins bled heavily.
📉 Macroeconomic blow:
US CPI came in hotter than expected (0.4% vs. 0.3%), reviving the “higher for longer” narrative and sending money fleeing crypto for cash.
🎯 Key levels:
• BTC: 70,000 is the make-or-break level; if it breaks, watch for 68,000
• ETH: The fight to defend 2,000; if it fails, a wick down to 1,950
• Sentiment: Fear Index at 23 (extreme fear)
💡 Trader’s note:
Don’t try to catch a falling knife! Wait for 70,000 to confirm as support and for liquidations to cool off. Once panic selling is cleared out, a rebound as expectations reset may be the real opportunity. #黄仁勋辞任CEO，英伟达战略走向受关注
🔥 The trigger:
Nvidia’s “Huang Boss” suddenly quit without another job lined up! $NVDAB flash-crashed, dragging tech stocks down with it; $BTC lost 70,000, and $ETH fell below 2,000, sending risk assets tumbling across the board.
💀 A cascade of liquidations:
$720 million liquidated across the crypto market in 24h! Longs accounted for 90%—leveraged traders got precisely wiped out, while altcoins bled heavily.
📉 Macroeconomic blow:
US CPI came in hotter than expected (0.4% vs. 0.3%), reviving the “higher for longer” narrative and sending money fleeing crypto for cash.
🎯 Key levels:
• BTC: 70,000 is the make-or-break level; if it breaks, watch for 68,000
• ETH: The fight to defend 2,000; if it fails, a wick down to 1,950
• Sentiment: Fear Index at 23 (extreme fear)
💡 Trader’s note:
Don’t try to catch a falling knife! Wait for 70,000 to confirm as support and for liquidations to cool off. Once panic selling is cleared out, a rebound as expectations reset may be the real opportunity. #黄仁勋辞任CEO，英伟达战略走向受关注
