Brothers, tonight when I opened my phone, wow, the U.S. stock market plummeted. This sudden brake in the stock market has directly caused a collective panic in the crypto circle! Basically, the big brother took a fall, and the little brothers in the crypto world immediately lost their footing 😥.

When the U.S. stock market drops, the whole market fears risk. No matter what asset it is, sell first and ask questions later. For highly volatile assets like Bitcoin, the decline is sharper than anyone else. Plus, with the Federal Reserve holding onto its purse strings, less money is circulating in the market. Major institutions are pulling back, and crypto buy orders have been cut in half. It’s hard to see any upward movement.

I just checked, and today’s drop was brutal. The price hit a low of around 65,500. I was hoping that the opening of the U.S. stock market could bring a glimmer of hope, but guess what—both the stock market and crypto are sliding smoothly 🤣. In the short term, we should hold back, avoid reckless bottom-fishing, and focus on survival. In the medium term, keep a close eye on the Fed’s moves. Long-term, it’s all about Bitcoin ETFs and on-chain narratives—real fundamentals.
$BTC