#我在Gate广场过新年

Gold is rising, silver is rising, the US stock market is rising, the A-shares are also rising, but Bitcoin is falling. When something is abnormal, there must be a demon behind it. Someone is deliberately suppressing volatility, some are frantically accumulating outside the market, and others are completing turnover at this price. What does a real bear market look like? It’s when all assets fall together, not just the youngest, smallest, and easiest to manipulate market. When all assets hit new highs, only BTC gets hammered.
This is called liquidity selective blindness. The more abnormal, the closer we are to a major event. In the crypto world, the market cap has regressed eight years. The dizzying K-lines, the trembling news, the hostile market sentiment—many paper hands will be shaken out during this time.

Actually, the high volatility in the crypto space makes no difference whether Bitcoin is at 70,000 or 68,000, but the oscillation at the bottom is more likely to trigger emotional swings.