$PI The era is accelerating change, with opportunities and risks emerging simultaneously!
Bitcoin is highly synchronized with the US stock market and has a very weak correlation with gold. Its safe-haven attributes have been disproven, and confidence in the core logic of capital is wavering. In one sentence: macro liquidity expectations tighten + institutional capital tramples + high leverage chain liquidations + stricter regulation + narrative collapse, multiple negative factors resonating lead to a sharp decline.
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$PI The era is accelerating change, with opportunities and risks emerging simultaneously!
Bitcoin is highly synchronized with the US stock market and has a very weak correlation with gold. Its safe-haven attributes have been disproven, and confidence in the core logic of capital is wavering.
In one sentence: macro liquidity expectations tighten + institutional capital tramples + high leverage chain liquidations + stricter regulation + narrative collapse, multiple negative factors resonating lead to a sharp decline.