The crypto market in the early hours of the #比特币纳入战略储备 morning staged a "bloody massacre" again! Bitcoin's flash crash fell below the $80,000 mark, the entire network liquidated $622 million, and 280,000 people went to zero overnight. In the past 24 hours, cryptocurrencies have plummeted, with Bitcoin falling by more than 6%, Ethereum by more than 8%, and Trump Coin by more than 11%. Under the sharp fluctuations, in the past 24 hours, more than 210,000 people have liquidated their positions.

The Trump administration has made successive moves, but it has not been able to save the decline of cryptocurrencies.
Even more frighteningly, the Fear and Greed Index plummeted to 20 – a sign of "extreme panic" for only 28 days in the past year. When the market falls into collective despair, is it a good opportunity to buy the bottom or a precursor to the abyss?

Three killer opportunities have surfaced: Who is directing this "crypto battle royale"?

Killer 1: Trump's "crypto conspiracy" has gotten away?
At the first White House crypto summit on March 8, although Trump announced in a high-profile manner the "establishment of a U.S. strategic bitcoin reserve", he did not say a word about the government's direct injection of funds to buy BTC, which the market is most concerned about. The "entry of national capital" expected by investors has become a flash in the pan, which has made the previous policy of "confiscation of BTC and confiscation" more like a disguised selling pressure. "Trump is playing a political balancing act – trying to win over 58 million crypto voters without daring to use real money. This kind of 'lip service but not reality' operation directly punctured the bubble of market illusions.

"Killer 2: Trade war detonates "black swan"
On the day of the crash, the escalation of the U.S. tariff war could lead to: - Rising global food prices push up inflation - Supply chain crisis exacerbates recession risks - Safe-haven funds flow to gold and dollars instead of crypto assets

"A renewed trade war could force the Federal Reserve to delay rate cuts, and a high interest rate environment will continue to weigh on risk asset valuations," Bit analysts warned.

"Killer 3: Whale Capital Night Hunting
Santiment on-chain data shows that whales holding 10+ BTC sold more than 5,000 bitcoins from mid-February to early March, accurately stepping on this round of decline. Although it began to cover positions after March 3, this game of "selling high and buying low" has made countless retail investors become fish on the board.

Be unexpectedly rescued from a desperate situation? The change is imminent

Despite the cloudy market, astute capital has smelled a turnaround:
1. Whales began to buy the bottom: In the past week, 10+ BTC wallets have increased their holdings by nearly 5,000 BTC, worth more than $400 million
2. Options market changes: $80,000 call options expiring at the end of April have skyrocketed
3. Strong technical support: $78,200 is a watershed for bulls and bears at the weekly level

Trader's advice: "When the fear index falls below 25, it is often a golden window for long-term investors to open positions in batches, but be sure to control leverage!" "
This plunge may be the "golden pit" of the bull market. History has proven time and time again that institutions are greedily picking up bloody chips when retail investors are cutting their flesh in extreme fear. But remember – it's more important to survive than to make quick money.