#币安合约实盘 In the first week of November, the crypto market collectively plummeted, with data that is shocking:

Bloodbath Data:
• Bitcoin has fallen below the $105,000 mark, breaking through the 200-day moving average.
• Ethereum's maximum daily decline reached 9%, briefly falling below the 3600 USD support.
• Total liquidation scale across the network: 340,000 accounts, a total of 1.279 billion USD evaporated.

Triple Plummet Logic:

The Federal Reserve's stance has shifted sharply—multiple officials recently released hawkish signals, expectations for a rate cut in December have significantly cooled, and the tightening of dollar liquidity directly drains risk assets.

High Leverage Liquidation Tide - Retail investors have overly concentrated long positions, pushing the leverage ratio to historical highs, while the main funds take advantage of the trend, triggering a chain of liquidations.

DeFi security crisis - Balancer protocol was attacked by hackers, resulting in a loss of $116 million, triggering panic selling in the DeFi sector, with emotions spreading to the entire market.

However, opportunities are often hidden after panic:

$BTC The $100,000 integer level has always been a strong support zone, and breaking below it is actually a buying opportunity. $ETH can consider gradual positioning below $3,500, as there's a high probability of technical recovery after the panic sell-off in DeFi. The key now is to control your position and wait for the market sentiment to fully release before taking action.

Bull markets are always built amidst a chorus of wails—when everyone is shouting to run, perhaps it's the moment to bend down.