胡说懂王

Article

The latest withdrawal tutorial in 2024! How to prevent receiving black money? How to withdraw money safely?

After the promulgation of the two high courts and one law, the criteria for determining "serious circumstances" of money laundering crimes were clarified, and we need to pay special attention to the issue of withdrawals.
Previously, the biggest risk of withdrawing cryptocurrencies was freezing your card or confiscating your funds.
But now, not only will your bank card be frozen, you may also be convicted of money laundering.
After the new regulations are introduced, the following two aspects need special attention regarding the issue of deposits and withdrawals: the first is the obligation to guard against funds during the withdrawal process, and the second is the importance of the transaction contract.
1. How do we identify black money? How do we prevent receiving black money?

Hey folks, what Sun Yuchen said is kinda legendary right now.

Ten years ago, he mentioned that young folks shouldn't rush into buying houses, cars, or getting married before 30. Because from 20 to 30, that's when your energy is at its peak, the cost of trial and error is the lowest, and it's the best time to level up yourself.
But if you get shackled by a mortgage, a car loan, and then weighed down by marriage and family drama too soon, life can feel like it's locked in a bear market.

If you had another shot at being 20 to 30, would you jump in and ride the wave,
or stick to the script that others have laid out for you?

Dude, Sun Yat-sen not only predicts the economy but also nailed how today's youth live, even 10 years ago.

He said young people shouldn't buy houses, cars, or get married before hitting 30.

Your 20s to 30s are prime time for self-improvement, so focus on leveling up.

Getting strapped with a mortgage or car loan too early, then adding family responsibilities, and your life just turns into a grind of household chores.

Do you even have time to dive into the AI industry or the US and Korean stock markets?

Jensen Huang is truly the CEO of a top-tier company; his performance is top-notch.

When he saw Huawei's triple-fold, he was totally blown away, showering praises, trying hard not to miss any camera shots.

Crazy! The world's largest Bitcoin reserve company, Strategy, spent $2.01 billion last week to scoop up 24,869 Bitcoins from the market, bringing their Bitcoin stash to an astonishing 843,000 coins.

Currently, their average holding price is around $75,700.

As before, most of the capital for this round came from selling preferred shares to investors.

MSTR-4.00%

During Trump's visit to China, Musk showed up with his 6-year-old son X.

The little guy just sat on his dad's shoulders, cruising into the 'Beast' ride, while Trump was already waiting for them inside the car.

Netizens were once again blown away by Lil X's privilege.

While others hustle to get close to the power center,
he was born right in the heart of it.

Elon Musk also retweeted this pic.

Yesterday, the Federal Reserve announced the latest minutes from its meeting, and it is clear that there are significant divisions within the Fed. They believe that the outlook for the U.S. economy is better than previously expected, and the labor market is beginning to stabilize, but inflation remains high. Currently, only Miran and Waller support a 25 basis point rate cut, while the other 10 members have chosen to remain on hold. This indicates that the overall attitude of the Federal Reserve remains cautious, and they are not in a hurry to cut rates. However, a key signal can also be seen from the minutes of the meeting. If inflation continues to decline in the future, they are willing to continue cutting rates, but this process will not be quick; rather, it will be very slow. If Trump hopes to truly control the Federal Reserve in the future, he must secure more voting seats; otherwise, it will be very difficult to advance policy. From on-chain data, as the Asian holidays gradually come to an end, market trading volume and turnover rate have begun to rebound. However, the pressure on short-term Bitcoin holders has already dropped to the lowest level seen during the 2018 bear market. This means that those short-term investors who are most likely to panic sell have mostly completed their sell-offs. In other words, those who needed to cut losses have largely done so. Historically, this stage often corresponds to the bottom of the cycle and is when long-term capital begins to gradually position itself. The actions from institutions are also validating this point. ETH MicroStrategy BMNR increased its holdings by another 20,000 ETH yesterday, continuing to expand its position. The latest data disclosed by the Abu Dhabi Sovereign Wealth Fund also shows that Bitcoin has become their second-largest holding, and compared to the last disclosure, their holdings have increased by 46%. This indicates that sovereign capital from the Middle East is accelerating its entry into the BTC market. The CEO of Coinbase also stated that this round of BTC decline is more driven by psychological factors rather than a deterioration in fundamentals. They are not only buying more BTC at low prices but are also buying back company stock, indicating that they remain confident about the future. Overall, institutional funds have not exited the market; instead, they are continuing to position themselves, so there is no need to worry too much.

Yesterday, the Federal Reserve announced the latest minutes from its meeting, and it is clear that there are significant divisions within the Fed.

They believe that the outlook for the U.S. economy is better than previously expected, and the labor market is beginning to stabilize, but inflation remains high.

Currently, only Miran and Waller support a 25 basis point rate cut, while the other 10 members have chosen to remain on hold.

This indicates that the overall attitude of the Federal Reserve remains cautious, and they are not in a hurry to cut rates.

However, a key signal can also be seen from the minutes of the meeting.

If inflation continues to decline in the future, they are willing to continue cutting rates, but this process will not be quick; rather, it will be very slow.

If Trump hopes to truly control the Federal Reserve in the future, he must secure more voting seats; otherwise, it will be very difficult to advance policy.

From on-chain data, as the Asian holidays gradually come to an end, market trading volume and turnover rate have begun to rebound.

However, the pressure on short-term Bitcoin holders has already dropped to the lowest level seen during the 2018 bear market.

This means that those short-term investors who are most likely to panic sell have mostly completed their sell-offs. In other words, those who needed to cut losses have largely done so.

Historically, this stage often corresponds to the bottom of the cycle and is when long-term capital begins to gradually position itself.

The actions from institutions are also validating this point.

ETH MicroStrategy BMNR increased its holdings by another 20,000 ETH yesterday, continuing to expand its position.

The latest data disclosed by the Abu Dhabi Sovereign Wealth Fund also shows that Bitcoin has become their second-largest holding, and compared to the last disclosure, their holdings have increased by 46%.

This indicates that sovereign capital from the Middle East is accelerating its entry into the BTC market.

The CEO of Coinbase also stated that this round of BTC decline is more driven by psychological factors rather than a deterioration in fundamentals.

They are not only buying more BTC at low prices but are also buying back company stock, indicating that they remain confident about the future.

Overall, institutional funds have not exited the market; instead, they are continuing to position themselves, so there is no need to worry too much.

In recent days, many countries in Asia have been celebrating holidays, and the market in the United States is also in a holiday cycle, with little fluctuation. From on-chain data, the structure of BTC holdings remains very stable. Most people are celebrating, trading interest is low, and selling pressure is also relatively small. However, from a longer-term perspective, there is a very obvious trend. Currently, a total of 153 listed companies hold BTC, with total holdings reaching 1,138,374 coins. Among them, MicroStrategy remains an absolute major player, holding more than half of the total. More importantly, the speed at which listed companies are increasing their BTC holdings is clearly accelerating. By December 2025, the number of listed companies holding BTC increased directly from 67 to 147, almost doubling. In other words, BTC is gradually transforming from a purely speculative asset into a reserve asset for listed companies. Next, let's look at the holdings of various governments. Currently, governments around the world hold approximately 619,406 BTC in total. Among them, the United States holds 329,693 coins, China holds 190,000 coins, the United Kingdom holds 61,245 coins, and El Salvador, Bhutan, and the UAE also have varying degrees of holdings. In the past year, aside from the Bhutanese government, which has clear selling records, other countries have basically not shown significant reduction actions. On the contrary, countries like the United States, El Salvador, and Bhutan continue to increase their BTC holdings. This indicates that governments have not given up on BTC due to price fluctuations, but are instead gradually accumulating. Now let's look at the situation on the miners' side. Since entering 2026, with the decline in BTC prices, mining difficulty has dropped by 15%. This indicates that some miners are starting to struggle. Especially for miners in the United States, many have begun to transition, redirecting their computing power resources to AI data centers. The reason is simple: electricity costs are rising in the United States, and AI data centers are willing to pay higher prices. In the coming years, the core competitive resource globally may no longer just be chips, but electricity. Whoever can secure more electricity will have more computing power. For BTC, this is actually a double-edged sword. On one hand, the exit of miners will bring short-term pressure. On the other hand, the exit of inefficient miners will also make the entire network healthier. Currently, the new machine market for mining rigs has begun to sell at discounts, and the second-hand market is particularly bleak. This is usually a phenomenon that occurs near the bottom of the cycle.

Bullish

In recent days, many countries in Asia have been celebrating holidays, and the market in the United States is also in a holiday cycle, with little fluctuation.

From on-chain data, the structure of BTC holdings remains very stable. Most people are celebrating, trading interest is low, and selling pressure is also relatively small.

However, from a longer-term perspective, there is a very obvious trend.

Currently, a total of 153 listed companies hold BTC, with total holdings reaching 1,138,374 coins.

Among them, MicroStrategy remains an absolute major player, holding more than half of the total.

More importantly, the speed at which listed companies are increasing their BTC holdings is clearly accelerating.

By December 2025, the number of listed companies holding BTC increased directly from 67 to 147, almost doubling.

In other words, BTC is gradually transforming from a purely speculative asset into a reserve asset for listed companies.

Next, let's look at the holdings of various governments.

Currently, governments around the world hold approximately 619,406 BTC in total.

Among them, the United States holds 329,693 coins, China holds 190,000 coins, the United Kingdom holds 61,245 coins, and El Salvador, Bhutan, and the UAE also have varying degrees of holdings.

In the past year, aside from the Bhutanese government, which has clear selling records, other countries have basically not shown significant reduction actions.

On the contrary, countries like the United States, El Salvador, and Bhutan continue to increase their BTC holdings.

This indicates that governments have not given up on BTC due to price fluctuations, but are instead gradually accumulating.

Now let's look at the situation on the miners' side.

Since entering 2026, with the decline in BTC prices, mining difficulty has dropped by 15%.

This indicates that some miners are starting to struggle.

Especially for miners in the United States, many have begun to transition, redirecting their computing power resources to AI data centers.

The reason is simple: electricity costs are rising in the United States, and AI data centers are willing to pay higher prices.

In the coming years, the core competitive resource globally may no longer just be chips, but electricity. Whoever can secure more electricity will have more computing power.

For BTC, this is actually a double-edged sword.

On one hand, the exit of miners will bring short-term pressure. On the other hand, the exit of inefficient miners will also make the entire network healthier.

Currently, the new machine market for mining rigs has begun to sell at discounts, and the second-hand market is particularly bleak. This is usually a phenomenon that occurs near the bottom of the cycle.

This week, the United States released the two most critical pieces of data: non-farm payrolls and CPI, both better than market expectations. By normal logic, with inflation declining and the economy not showing obvious deterioration, this should be a standard favorable combination, and the market should rise. However, the market trend remains sluggish. What the market is truly concerned about is not the data, but whether the Federal Reserve is willing to cut interest rates. The market no longer believes that the Federal Reserve will cut rates quickly. Many people think that as long as CPI drops, the Federal Reserve will immediately cut rates. But the reality is that even if this CPI performs exceptionally well, the market's expectation for a rate cut in March is less than 10%. In plain terms, among 100 people, fewer than 10 believe there will be a rate cut in March. This means the market does not believe the Federal Reserve will release liquidity so quickly. More crucially, economists generally predict that in 2026, the Federal Reserve will only cut rates about 3 times for the entire year. If the first rate cut is really delayed until June, then from June to the end of the year, the Federal Reserve will have only 4 meetings. In other words, the entire rate-cutting cycle may be very slow, even slow enough to disappoint the market. The market is entering a phase of liquidity contraction. From on-chain data, it can be seen that it is now the New Year holiday combined with a short holiday in the United States, and market liquidity has clearly decreased, with trading activity continuing to weaken. From the perspective of funding, the total amount of funds in the market has also decreased by 400 million USD, currently at 310.5 billion USD. USDT has a net outflow of 231 million USD, with the main users of USDT being Asian investors. This means that Asian capital is actively lowering risks and choosing to wait and see. Although USDC saw a slight inflow of 161 million USD, indicating that capital from the U.S. has not completely withdrawn, overall, funds are contracting, not expanding. In plain terms, most smart money is waiting and seeing. What truly determines the future direction of the market is the Federal Reserve. Many people do not realize a core logic. The market does not follow the data, but follows the interest rates. Even if the data is good, as long as the Federal Reserve does not cut rates, the market lacks real driving force. However, one thing is becoming increasingly clear: the United States will ultimately move towards monetary easing; this is no longer in doubt, it is just a matter of time.

Bullish

This week, the United States released the two most critical pieces of data: non-farm payrolls and CPI, both better than market expectations.

By normal logic, with inflation declining and the economy not showing obvious deterioration, this should be a standard favorable combination, and the market should rise. However, the market trend remains sluggish.

What the market is truly concerned about is not the data, but whether the Federal Reserve is willing to cut interest rates.

The market no longer believes that the Federal Reserve will cut rates quickly.

Many people think that as long as CPI drops, the Federal Reserve will immediately cut rates.

But the reality is that even if this CPI performs exceptionally well, the market's expectation for a rate cut in March is less than 10%.

In plain terms, among 100 people, fewer than 10 believe there will be a rate cut in March. This means the market does not believe the Federal Reserve will release liquidity so quickly.

More crucially, economists generally predict that in 2026, the Federal Reserve will only cut rates about 3 times for the entire year.

If the first rate cut is really delayed until June, then from June to the end of the year, the Federal Reserve will have only 4 meetings.

In other words, the entire rate-cutting cycle may be very slow, even slow enough to disappoint the market.

The market is entering a phase of liquidity contraction.

From on-chain data, it can be seen that it is now the New Year holiday combined with a short holiday in the United States, and market liquidity has clearly decreased, with trading activity continuing to weaken.

From the perspective of funding, the total amount of funds in the market has also decreased by 400 million USD, currently at 310.5 billion USD.

USDT has a net outflow of 231 million USD, with the main users of USDT being Asian investors.

This means that Asian capital is actively lowering risks and choosing to wait and see.

Although USDC saw a slight inflow of 161 million USD, indicating that capital from the U.S. has not completely withdrawn, overall, funds are contracting, not expanding.

In plain terms, most smart money is waiting and seeing.

What truly determines the future direction of the market is the Federal Reserve.

Many people do not realize a core logic.

The market does not follow the data, but follows the interest rates.

Even if the data is good, as long as the Federal Reserve does not cut rates, the market lacks real driving force.

However, one thing is becoming increasingly clear: the United States will ultimately move towards monetary easing; this is no longer in doubt, it is just a matter of time.

USDC+0.00%

Bullish

Yesterday, the U.S. released the CPI data for January, which turned out to be lower than market expectations, with the core CPI hitting a new low in five years.

After this data was released, market expectations for interest rate cuts significantly increased, and now the market generally anticipates that there may be 2 to 3 rate cuts this year.

For the Federal Reserve, this set of data is actually very significant.

Currently, the overall CPI has dropped to 2.4%, just one step away from their 2% target, and the trend is still moving downward.

This means that, from a policy standpoint, the Federal Reserve already has the conditions to cut interest rates.

But the problem is that they currently do not have a pressing urgency to cut rates. In simple terms, they have the ammunition but are not in a hurry to fire.

The new Federal Reserve Chair, Waller, will not officially take office until June, so it is highly likely that there will be no rate cuts in the March and May meetings.

The time point that may truly change the pace is likely after June.

From on-chain data, with the rebound of BTC, market sentiment has clearly improved a lot, and the number of investors frequently trading in the short term is also decreasing, as the market gradually enters a wait-and-see state.

Currently, the range from 62000 to 67000 remains a very critical support area. From a structural perspective, this position is still relatively stable.

This indicates that even those investors who are already at a loss still have confidence in BTC's future and are not in a hurry to cut losses and exit.

Binance founder Zhao Changpeng stated that in the future, everyone will have hundreds, thousands, or even millions of AIs working for us.

He said these AIs will help us complete various tasks behind the scenes, such as executing trades and transferring funds, with all operations being automated without us having to do it ourselves.

Moreover, the number and speed at which these AIs operate will far exceed the current traditional networks, fast enough that the existing systems won't be able to keep up.

Their efficiency and scale will completely crush the current operational methods.

BNB-1.76%

Article

Why did the market suddenly drop?

Yesterday, the three major U.S. stock indices collectively declined, with the Dow down 1.34%, the S&P 500 down 1.57%, and the Nasdaq down 2.03%.
Bitcoin also followed the U.S. stock market's decline, maintaining the familiar rhythm; when the U.S. stock market moves, the cryptocurrency market generally follows.
The volatility in precious metals has been even more exaggerated, with spot gold plunging to around 4878 at one point during the session, and silver fell even harder, briefly dropping below $75, ultimately closing down 10.64%.
Such a level of decline is no longer a normal fluctuation; it is clearly a sign of funds rapidly withdrawing.
This wave of decline is essentially the market taking precautions in advance.
The non-farm payroll data released on Wednesday was too strong, and the market is now starting to worry that Friday's CPI data will rebound beyond expectations.

Yesterday, the United States announced the non-farm payroll data for January, with an increase of 130,000 jobs, significantly exceeding market expectations, and the unemployment rate reached a new low. According to normal logic, when such data comes out, expectations for interest rate cuts should definitely cool down. But the problem is that the current Federal Reserve's policy logic is quite different from the past. Because in Trump's view, the matter of cutting interest rates is not so closely related to the data. His requirement for the newly appointed Waller is actually just one thing: to cut interest rates as soon as possible. If economic data is good, then interest rates should be cut even more. If economic data is bad, then interest rates must be cut. If inflation decreases, it is of course necessary to cut interest rates. If inflation rises, then cut interest rates first and talk later. So the truly critical time point is after June. What the Federal Reserve actually says and does at that time will be more important than now. Before that, various statements may have relatively limited actual impact on the market. In addition to cutting interest rates, Trump recently announced plans to launch what is claimed to be the largest tax cut plan in American history, which will be officially launched next month. According to his statement, once this plan is implemented, American households are expected to have an additional disposable income of $11,000 to $20,000 per year. Moreover, he very frankly told everyone what they could do with this extra money. They can continue to invest in the U.S. stock market or invest in the cryptocurrency market. This statement is already very explicit, equivalent to openly advertising for risk assets. From on-chain data, as BTC prices decline, the turnover rate is slightly increasing. The current volatility mainly stems from issues of sentiment and liquidity. From ETF data, Bitcoin saw an inflow of $166 million on February 10, with a net inflow for three consecutive days. Although the amount is not large, it at least indicates that external funds have not continued to panic and withdraw, and sentiment has stabilized temporarily. So the current market resembles a vacuum period, where panic has been mostly released, confidence has not fully returned, and most people are on the sidelines. On one side, macro-level aspects are constantly being led by Trump's policies, while on the other side, the cryptocurrency market itself is deleveraging, combined with insufficient liquidity, short-term volatility will be relatively large. The real factors that will determine the direction moving forward are still two core variables. One is the actions of the Federal Reserve, and the other is when funds will return to the cryptocurrency market.

Bullish

Yesterday, the United States announced the non-farm payroll data for January, with an increase of 130,000 jobs, significantly exceeding market expectations, and the unemployment rate reached a new low.

According to normal logic, when such data comes out, expectations for interest rate cuts should definitely cool down.

But the problem is that the current Federal Reserve's policy logic is quite different from the past.

Because in Trump's view, the matter of cutting interest rates is not so closely related to the data.

His requirement for the newly appointed Waller is actually just one thing: to cut interest rates as soon as possible.

If economic data is good, then interest rates should be cut even more. If economic data is bad, then interest rates must be cut. If inflation decreases, it is of course necessary to cut interest rates. If inflation rises, then cut interest rates first and talk later.

So the truly critical time point is after June. What the Federal Reserve actually says and does at that time will be more important than now. Before that, various statements may have relatively limited actual impact on the market.

In addition to cutting interest rates, Trump recently announced plans to launch what is claimed to be the largest tax cut plan in American history, which will be officially launched next month.

According to his statement, once this plan is implemented, American households are expected to have an additional disposable income of $11,000 to $20,000 per year.

Moreover, he very frankly told everyone what they could do with this extra money.

They can continue to invest in the U.S. stock market or invest in the cryptocurrency market. This statement is already very explicit, equivalent to openly advertising for risk assets.

From on-chain data, as BTC prices decline, the turnover rate is slightly increasing. The current volatility mainly stems from issues of sentiment and liquidity.

From ETF data, Bitcoin saw an inflow of $166 million on February 10, with a net inflow for three consecutive days.

Although the amount is not large, it at least indicates that external funds have not continued to panic and withdraw, and sentiment has stabilized temporarily.

So the current market resembles a vacuum period, where panic has been mostly released, confidence has not fully returned, and most people are on the sidelines.

On one side, macro-level aspects are constantly being led by Trump's policies, while on the other side, the cryptocurrency market itself is deleveraging, combined with insufficient liquidity, short-term volatility will be relatively large.

The real factors that will determine the direction moving forward are still two core variables.

One is the actions of the Federal Reserve, and the other is when funds will return to the cryptocurrency market.

Article

Jensen Huang predicts: In the future, programming will be just typing, and writing code will no longer be valuable.

Just recently, NVIDIA boss Jensen Huang accidentally let something slip after having a few glasses of red wine at the summit.
The usually extremely cautious Huang almost revealed all the secrets of the AI industry this time.
One sentence from him silenced countless programmers: In the future, programming will just be typing; writing code itself will no longer be valuable.
I just finished watching the video, and I want to share a few of the most shocking points with everyone.
At the beginning, Huang threw out a judgment that overturns conventional wisdom: The computer era has already ended.
He said: The computer industry undergoes a major change every 10 to 15 years, and this time is the biggest in 60 years.

Article

Are big players crazily bottom-fishing BTC?

Yesterday, after the US stock market opened, it rebounded slightly, and Bitcoin also fluctuated around $70,000. Overall, market sentiment is fairly good and has not worsened further.
What the market is most concerned about now: one is whether Trump will continue to stir things up, and the other is whether the Federal Reserve will really tighten monetary policy.
On the macro front, US Treasury Secretary Yellen recently stated that the Federal Reserve will not rush to reduce its balance sheet, and it may take about a year before a real decision is made on the balance sheet.
In simple terms, what everyone is worried about—tightening up right away and withdrawing liquidity—is unlikely to happen in the short term.

Bullish

Yesterday, both the US stock market and the cryptocurrency market experienced some rebounds, with Bitcoin returning to around $70,000 and market sentiment stabilizing temporarily.

It is worth noting that ETH bull Yi Li Hua has liquidated their holdings.

They originally held over 630,000 Ethereum, and now all of it has been transferred to Binance, leaving only about 20,000 still on-chain. This means that 96% of their Ethereum has already moved to exchange accounts.

Because if it was just to reduce risk and lower the proportion of borrowed funds to buy coins, there really wouldn’t be a need to sell so much.

However, the amount they transferred in far exceeds the amount needed to sell for debt repayment, so it can basically be concluded that this is a preparation for a complete liquidation.

They themselves also responded, saying: Yes, this round of operations has ended, and the position is indeed prepared to be fully sold off.

However, their fund as a whole is still profitable; this sell-off is just a partial return of the profits made earlier, rather than a total loss.

Overall, it now feels more like a recovery period, rather than the market having completely turned around. Large institutions are still adjusting their positions, and the market remains highly divided, with everyone still most concerned about the Federal Reserve's monetary policy.

Article

Why has BTC dropped like this?

In recent days, global markets have been plummeting. The US stock market has crashed, gold and silver have both fallen, the cryptocurrency market has experienced consecutive liquidations, and Bitcoin has dropped directly from $73,000 to $60,000.
There is a saying circulating in the market that this wave of crash is due to some old financial powers in Europe being very dissatisfied with Trump's proposal of a tripartite division of the world among the US, China, and Russia. With the support of the Democratic Party in the US, they have started to sell off on a large scale to express their dissatisfaction.
From the data perspective, this logic is not completely baseless.
According to data from the US Treasury, foreign investors hold approximately $30.9 trillion in US securities, with the combined public and private sectors in Europe amounting to nearly $10 trillion, which is a very high proportion.

In the past two days, the US stock market and the cryptocurrency market continue to decline, with insufficient market liquidity and confidence, and the entire risk market is in a very fragile state. From on-chain data, Bitcoin's short-term support is around $70,000. If this level cannot hold, the next support is around $62,000 to $67,000, where 821,000 coins are accumulated. From the exchange inventory data, the past week has almost seen an increase in inventory, with 12,000 Bitcoins returning to the exchanges. This movement indicates that more people are preparing to sell, which will create new pressure in the short term. However, there is not completely no good news. Binance made another move yesterday, continuing to buy $100 million worth of Bitcoin from the market and placing it into their secure reserve account. Currently, Binance still has about $800 million in funds that have not been utilized, meaning they are likely to continue buying in batches, effectively providing support to the market at critical times. In addition, the big players are also coming out to live-stream and recharge everyone's faith. Cathie Wood recently stated in an interview that Bitcoin is brewing a significant market movement, and by 2030, the price could reach $1.5 million. Her logic is that the price of gold has nearly doubled over the past two years, while gold's performance over the past year has been significantly stronger than Bitcoin's. The story of digital gold has not disappeared; it has just slowed down a bit. With the acceleration of global wealth transfer between generations, the younger generation is more likely to place a portion of their assets in digital assets rather than holding physical gold. The CEO of Pantera also expressed a similar view, believing that the total value of Bitcoin will surpass gold in the next 10 years. Because market funds rotate, today they chase gold, tomorrow they chase other assets, and ultimately, they will return to Bitcoin. Who is stronger in the short term is not important; in the long run, Bitcoin's potential is much greater than that of gold. Currently, the decline in the US stock market and the cryptocurrency market is essentially due to a lack of money. It's not that the fundamentals are weak or that the stories cannot be told; it's simply a matter of insufficient liquidity. Before liquidity returns, volatility will be significant, and emotions will be very fragile. Those looking to bottom out should not rush; they can gradually buy using a dollar-cost averaging approach and prepare for a long battle.

Bearish

In the past two days, the US stock market and the cryptocurrency market continue to decline, with insufficient market liquidity and confidence, and the entire risk market is in a very fragile state.

From on-chain data, Bitcoin's short-term support is around $70,000.

If this level cannot hold, the next support is around $62,000 to $67,000, where 821,000 coins are accumulated.

From the exchange inventory data, the past week has almost seen an increase in inventory, with 12,000 Bitcoins returning to the exchanges.

This movement indicates that more people are preparing to sell, which will create new pressure in the short term.

However, there is not completely no good news.

Binance made another move yesterday, continuing to buy $100 million worth of Bitcoin from the market and placing it into their secure reserve account.

Currently, Binance still has about $800 million in funds that have not been utilized, meaning they are likely to continue buying in batches, effectively providing support to the market at critical times.

In addition, the big players are also coming out to live-stream and recharge everyone's faith.

Cathie Wood recently stated in an interview that Bitcoin is brewing a significant market movement, and by 2030, the price could reach $1.5 million.

Her logic is that the price of gold has nearly doubled over the past two years, while gold's performance over the past year has been significantly stronger than Bitcoin's. The story of digital gold has not disappeared; it has just slowed down a bit.

With the acceleration of global wealth transfer between generations, the younger generation is more likely to place a portion of their assets in digital assets rather than holding physical gold.

The CEO of Pantera also expressed a similar view, believing that the total value of Bitcoin will surpass gold in the next 10 years.

Because market funds rotate, today they chase gold, tomorrow they chase other assets, and ultimately, they will return to Bitcoin.

Who is stronger in the short term is not important; in the long run, Bitcoin's potential is much greater than that of gold.

Currently, the decline in the US stock market and the cryptocurrency market is essentially due to a lack of money. It's not that the fundamentals are weak or that the stories cannot be told; it's simply a matter of insufficient liquidity.

Before liquidity returns, volatility will be significant, and emotions will be very fragile. Those looking to bottom out should not rush; they can gradually buy using a dollar-cost averaging approach and prepare for a long battle.

Yesterday early morning, the US stock market and the crypto market both took a hit together. Bitcoin, from its high of $126,000 on October 12, 2025, only took 120 days to drop to below $73,000 yesterday, setting a new low. The entire crypto market's market value evaporated by over $1.1 trillion, a drop of 42% from its historical peak. In comparison, the US stock market is even more evident, with the S&P 500 index only down 1.5% from its peak, the Nasdaq down 3.6%, and the Russell index down 4.2%, all still hovering near historical highs. On the crypto market side, Bitcoin dropped 42%, and Ethereum fell even more, down 56%. In other words, the US stock market is just a small cold, while the crypto market is facing a severe flu. Currently, this wave of decline seems more like large funds pushing retail investors to cut losses under extreme conditions. There are still many so-called influencers in the market shouting that Bitcoin will drop to $30,000–$40,000, which sounds more like creating panic to get everyone to hand over their chips at the lowest point. An interesting piece of data is that the Nine Deity Index has re-entered the historical bottom-buying range after a gap of two and a half years. So, do you dare to buy the dip now? Do you believe this time is different, or do you believe that market rules have always been the same? From on-chain data, although the price has dropped sharply, Bitcoin's actual turnover rate is not that high, and the sellers are mainly short-term investors; long-term holders have not sold in large quantities. The core reason for such a sharp drop is actually very simple: the liquidity in the market is too poor, with very few willing buyers, and any slight disturbance can easily lead to a drop. On the ETH side, the Ethereum version of MicroStrategy, BMNR, continues to buy; they purchased 20,000 Ethereum through FalconX, hoping to lower the overall cost by continuously increasing their position. So overall, this round of decline looks very scary, but from the data, it does not appear that long-term funds are panicking and fleeing; it seems more like an emotional stampede caused by insufficient liquidity. Long-term holders have not sold off in large numbers, and funds are slowly flowing back, with some institutions buying against the trend. However, the market confidence is very fragile right now, and new buying power is clearly insufficient; the bottom may slowly grind down. Those wanting to buy the dip should not rush; they can gradually buy through a systematic investment approach.

Bearish

Yesterday early morning, the US stock market and the crypto market both took a hit together.

Bitcoin, from its high of $126,000 on October 12, 2025, only took 120 days to drop to below $73,000 yesterday, setting a new low.

The entire crypto market's market value evaporated by over $1.1 trillion, a drop of 42% from its historical peak.

In comparison, the US stock market is even more evident, with the S&P 500 index only down 1.5% from its peak, the Nasdaq down 3.6%, and the Russell index down 4.2%, all still hovering near historical highs.

On the crypto market side, Bitcoin dropped 42%, and Ethereum fell even more, down 56%.

In other words, the US stock market is just a small cold, while the crypto market is facing a severe flu.

Currently, this wave of decline seems more like large funds pushing retail investors to cut losses under extreme conditions.

There are still many so-called influencers in the market shouting that Bitcoin will drop to $30,000–$40,000, which sounds more like creating panic to get everyone to hand over their chips at the lowest point.

An interesting piece of data is that the Nine Deity Index has re-entered the historical bottom-buying range after a gap of two and a half years.

So, do you dare to buy the dip now? Do you believe this time is different, or do you believe that market rules have always been the same?

From on-chain data, although the price has dropped sharply, Bitcoin's actual turnover rate is not that high, and the sellers are mainly short-term investors; long-term holders have not sold in large quantities.

The core reason for such a sharp drop is actually very simple: the liquidity in the market is too poor, with very few willing buyers, and any slight disturbance can easily lead to a drop.

On the ETH side, the Ethereum version of MicroStrategy, BMNR, continues to buy; they purchased 20,000 Ethereum through FalconX, hoping to lower the overall cost by continuously increasing their position.

So overall, this round of decline looks very scary, but from the data, it does not appear that long-term funds are panicking and fleeing; it seems more like an emotional stampede caused by insufficient liquidity.

Long-term holders have not sold off in large numbers, and funds are slowly flowing back, with some institutions buying against the trend.

However, the market confidence is very fragile right now, and new buying power is clearly insufficient; the bottom may slowly grind down. Those wanting to buy the dip should not rush; they can gradually buy through a systematic investment approach.