What is the truth behind the big dump of BTC in the early morning of #隐私币生态普涨 ? Simply put, the market has no money left💥

The U.S. Treasury's recent bond issuance has directly siphoned over $160 billion from the market. To make matters worse, news has come from the Federal Reserve — a rate cut in December? Don't even think about it.

With tight funds and unmet expectations, can risk assets hold up? BTC naturally cannot withstand it.

However, upon calm reflection, this wave of "anemia" is just temporary. After the government debt swap is completed, funds will re-enter the market. Liquidity is somewhat like a tide - when the tide goes out, the rocks are exposed; when the tide comes in, everything returns.

Understanding the liquidity cycle is the key to grasping the market volatility. I can run fast, but we need to unite to move steadily.