This wave of行情 really leaves me confused. A few days ago, the script was quite clear - Bitcoin led the decline, Ethereum followed, and mainstream platform tokens also dropped. ZEC was soaring at that time, relying on the narratives of "digital silver" and "BTC hedging"; ASTER stayed stagnant, supported only by retail investors' high-frequency trading; XRP indeed had real funds from Wall Street ETF inflows backing it up, and the logic made sense. But now? The script is all messed up. BTC is starting to warm up, and ETH has followed suit symbolically, but some platform tokens have chosen to consolidate and play dead. Even more strangely, while BTC is rising, ZEC is actually increasing? This doesn't seem right. The previous rise of ZEC was due to the "BTC patch" logic — when Bitcoin drops, it rises. Now that Bitcoin has risen, it should reasonably pull back to around 600. However, it refuses to do so. Looking at XRP again, one ETF after another is being approved on Wall Street, and American funds are clearly continuing to flow in, yet it has started to drop? What kind of operation is this? The whole market is as chaotic as a pot of porridge. Those that should rise are falling, and those that should fall are rising, completely lacking any logic. Can any veterans come out to interpret this? How should we look at this market?

Tonight's market situation is a bit like a fully drawn bow. Do you feel it? That strange silence before the explosion. The market is in this state right now - data is held back, emotions are held back, and the next few hours could directly determine the direction of this week. Let’s start with the US stock market. Tech stocks suddenly stopped playing coy: NVIDIA began to pump before its earnings report, Google hit a new high directly, and even Tesla joined in the excitement. This isn't new—every time major tech stocks rise at night over the past two months, there’s usually some movement in crypto within 12 hours. The pattern is too obvious. But interestingly, when US tech stocks rise, Chinese concept stocks plummet over there. When this sense of tearing appears? The volatility in the crypto market usually spikes within a day. The money hasn't run away, it's just changing tracks. Gold has broken 4100. This signal is strong enough - both gold and tech stocks are strong, indicating that liquidity has not tightened at all, and funds are betting on both "risk + safe haven". In this environment, mainstream coins like ETH and BNB, as well as privacy coins like ZEC, usually benefit as well. There are two timed bombs tonight: First, the financial reports of technology companies - if the numbers look good, market confidence will come immediately; Second is the release of macro data - once the minutes from the Federal Reserve are out, the direction is basically set. Historical experience tells us that these two events often directly trigger the cryptocurrency market. Those big players on-chain have also been acting up recently. ETH whales are quietly accumulating at low levels, BNB liquidity is tightening, and ZEC volatility has started to show unusual slight fluctuations. Smart money never waits for the picture to become clear before entering the market—they are positioning themselves in the chaos. Several key points to pay attention to: - Can ETH regain its momentum zone? - Will BNB hold up during the pullback? - The volatility spike of ZEC (this thing is often a precursor to major market movements) A calm candlestick accompanied by rising trading volume? This is usually not the end, but the beginning. Tonight will not be a slowly grinding game. The dual drivers of macro data and earnings reports may cause emotions to flip instantly. Stay alert, don't chase highs, but also don't miss the signals. The next big bullish candle may not knock on the door in advance.

UPDATE 🚨 $645 MILLION HAS BREN LIQUIDATED FROM THE CRYPTO MARKET IN THE LAST 24 HOURS! Long positions took $459M in losses as Bitcoin dropped to $88K, while shorts lost $185M! #BitcoinPriceWatch #liquidations #bitcoin #crypto #CryptoMarketWatch $BTC $ETH $SOL ‌ ‌ ‌