#隐私代币板块全线上扬 The global Capital Market is witnessing a rare triple kill scenario. The Nasdaq has broken through the annual line support, dragging down over a thousand technology stocks collectively breaking down. The A-share Shanghai Composite Index has similarly lost the annual line, triggering a chain reaction. The panic sentiment in traditional markets is spreading to the encryption field like a virus.

Once the BTC price breaks below the psychological barrier of the 250-day moving average, those altcoins that are barely holding on to the yearly line will basically collapse like a house of cards. As for the coins that have long been lying below the yearly line, they will be continuously pressured by BTC's downward movement, ultimately retreating to the low point area near the 30-day moving average. As for those air projects that have no actual application scenarios at all? Breaking below the bottom of the last bear market would be considered mild, and the endgame will only come when they are completely delisted.

In simple terms, the current cryptocurrency projects are rampant. In the stock market, thousands of stocks hit the limit down, while in the cryptocurrency market, tens of thousands of coins are falling together—but the truly valuable ones that can survive will not exceed ten percent.