What exactly happened behind this round of big dump #币安合约实盘 ?

Recently, $BTC has plummeted along with the global stock market, causing many people to panic. In fact, by clarifying two clues, you can understand this wave of operation.

First is the money shortage. The U.S. Treasury has been very active recently: on one hand, tightening the purse strings to cut spending, and on the other hand, dumping $163 billion in government bonds into the market. It's like suddenly draining half the water from a swimming pool—the liquidity in the crypto market and the stock market is instantly strained, and prices naturally can't withstand the pressure.

Secondly, there is the expectation of disappointment. The market originally hoped that the Federal Reserve would loosen monetary policy by the end of the year, but official Goolsbee directly poured cold water: "Rate cuts? Don't even think about it!" At the moment hopes were dashed, panic spread like a domino effect.

However, I think there's no need to be overly pessimistic. This resembles more of a market clearing caused by short-term liquidity tightening, rather than a signal of a trending bear market. Once the U.S. Treasury returns to normal operations or the Federal Reserve releases any hint of easing, the speed of capital inflow may exceed expectations. The harder the fall, the closer the rebound window.

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