In-depth exploration of this round of market decline

On the surface, the actions of the German government and the big pie sell-off in Mentougou seem to be the source of panic, but after digging deeper, it is not difficult to find that there are actually many bigwigs behind this. They use malicious tricks to clean up leverage and lending in the market to achieve a certain market purpose. According to the feedback of on-chain data, in addition to Mentougou, there are many big investors who are secretly selling, exacerbating market volatility.

The current long-to-long ratio has soared to more than 2.5, and market sentiment has reached an extreme state. However, in such a market environment, the bulls did not retreat, but instead marched forward, showing strong resilience and determination.

For the majority of investors, we recommend that you stay calm at the current stage and do not blindly buy the bottom. After all, the sentiment of falling is still high, the market has not yet stabilized, and any impulsive behavior may bring unpredictable risks.