If we must find a reason for this plunge, it is the early digestion of the halving market.

Historically, the halving market is basically a good thing that is digested in advance, and then large funds leave in advance for risk aversion, pocketing profits, and then find a suitable time to enter the market.

There is only one week left before the halving, and it is normal for large funds to have such a consensus and football, but it is a pity for the copycats, who were beaten to a bloody pulp before they could keep up with the pace.

After all, the halving market means that the assets are reduced by half.