#大户持仓动态 This morning, some friends asked why there was a sudden plunge last night?

Honestly, this wave of decline is definitely not caused by a single factor.

On the surface, there are several clear triggers: first, after the market's expectation of a yen rate hike materialized, risk aversion sentiment skyrocketed, and the fear index shot up; second, on-chain data showed a massive outflow of funds in a short period, with an obvious abnormality; third, a major institution continuously sold off heavily—selling tens of thousands of ETH and over two thousand BTC at high levels. Such a scale of liquidation clearly indicates an intention to "push up and distribute."

These triple pressures hitting at once are simply not healthy adjustments.

There's also something more esoteric but with a surprisingly high hit rate—some big V's were all-in on long positions last night, and those trading against them are laughing😂

You'll find that how the bulls push the price up, the bears basically smash it down.

We targeted the 3000 level, directly followed the trend with a short position, and caught the most certain part.

In this kind of market, understanding the logic often makes more money than blindly guessing the direction. Grasping the combined signals is much more reliable than blind speculation on the direction.🔥