#数字货币市场洞察 Who is really being shaken out by this drop? You'll understand after looking at the data.

First, the conclusion: This isn’t a crash, it’s a leverage flush. BTC plunged below $89,000 in early trading, a pullback of nearly 30% from its previous high. But what’s really interesting is—while retail traders were getting liquidated ($114 million in 24 hours, over 100,000 accounts wiped out) and trading volume for major coins was cut in half, what were institutions doing?

They were buying the dip.

BlackRock’s CEO said it himself—sovereign wealth funds were scooping up BTC around the $80,000 level. Bank of America made an unprecedented move by recommending wealth management clients allocate 1%-4% to crypto, and JPMorgan went even further, projecting $170,000 for BTC in 6 to 12 months. When have these TradFi giants ever been this aggressive?

Let’s look at the policy side: The UK just included crypto in the “Digital Assets and Property Act,” officially giving it legal status; a certain compliance agency (you know who) is also planning to roll out an innovation exemption policy within a month. These moves aren’t random—regulators are paving the way for the market.

The contradiction is clear: short-term sentiment has collapsed (liquidity dried up + leveraged wipeouts), but long-term consensus is strengthening (institutions entering + regulatory easing). The next inflection point? Watch the Fed’s rate meeting this month—87% of the market is already betting on a rate cut.

What should you do? Stay away from leveraged contracts, don’t add leverage, and accumulate mainstream assets on dips. Don’t let emotions drive your decisions. The real opportunities are often hidden when most people are panicking.