Meitu's sell-off of Bitcoin immediately shattered the market manipulation plans of the United States, causing great embarrassment for Americans!
Americans, used to being the boss, always rely on tough measures to control the market. Bitcoin, as a virtual currency, has always been something the U.S. wanted to bring under its regulatory framework. However, due to Bitcoin's decentralized nature, the U.S. has never been able to effectively regulate Bitcoin. What the U.S. wants most is to stabilize Bitcoin first, encouraging more people to invest, and when the time is right, to bring Bitcoin under regulation and conveniently reap a harvest of retail investors. This has been the way the U.S. has operated for many years.
When Meitu sold off, Bitcoin began to fluctuate significantly, indicating that Meitu has absolute influence over the Bitcoin market. This further demonstrates that Meitu's sell-off disrupted the U.S. plans, making Americans very angry. It is important to note that Bitcoin has been in a bull market for the past few years, with the U.S. secretly manipulating it. The significant rise of Bitcoin is precisely because of this manipulation, leading many people to be misled by the U.S. over the years. As a result, Meitu's sell-off broke the upward momentum of Bitcoin, leaving many investors anxious, highlighting Meitu's influence.
After this incident, the global financial community has been buzzing with discussions. Various factions are gearing up, preparing to watch Meitu's next actions. Will Meitu continue to sell off? Will it shake the Bitcoin market? If Meitu continues to sell, Bitcoin will inevitably continue to plummet. At that time, how many investors will be forced to close their positions remains unknown. However, it is certain that if Meitu continues to sell, Bitcoin will inevitably drop significantly, and whether such a drop will trigger a chain reaction is hard to say. Let’s wait and see.