Recently, the Crypto Assets market has experienced a wave of severe fluctuations, attracting widespread attention both inside and outside the industry. This fall is not without reason; rather, it is the result of multiple factors working together.

First of all, the massive liquidation event that occurred on October 11 dealt a heavy blow to market confidence. This event exposed the high leverage risks in Crypto Assets trading, prompting many investors to reassess their risk tolerance.

Secondly, the U.S. government has confiscated 120,000 bitcoins held by the Cambodian Prince Group's Chen Zhi, a move that further exacerbates market uncertainty. This not only highlights regulatory risks but also leads large investors to begin questioning the security and legal status of Crypto Assets.

These two events served as a wake-up call, alerting many large capital holders. They began to realize the enormous risks present in the Crypto Assets market, leading some institutional investors to choose to withdraw, resulting in a sharp decline in market liquidity.

From a technical perspective, the negative impact of the liquidation event on October 11 has not been completely eliminated. Market sentiment remains depressed, and buying power is obviously insufficient. In this situation, some overly optimistic market predictions may mislead investors, so we need to stay vigilant and carefully analyze market trends.

The prevailing panic in the market reflects investors' re-evaluation of risk. This is not just a simple market downturn, but rather a rational choice made by investors after weighing the risks.

As participants in the Crypto Assets market, we need to stay clear-headed and objectively analyze the market situation. Overly optimistic or pessimistic attitudes can lead to poor investment decisions. In the current market environment, caution and rationality are more important than ever.

How the market will trend in the future still requires us to closely follow changes in various factors, including regulatory policies, institutional attitudes, technological developments, and more. Only by comprehensively grasping market dynamics can we make informed decisions in this market filled with challenges and opportunities.