Old Bao's words caused the cryptocurrency market to lose over a hundred billion US dollars!
With just a few mutterings for half an hour, all cryptocurrencies plummeted. I feel like they had it all planned out, knowing that once the interest rate cut policy was announced, the market would surge. Retail investors would rush in to exchange for USDT. If a public good news comes out, it wouldn't be good news anymore. If the market were to rise further, would they let the market makers and institutions take over? Definitely not. So they planned something terrible: a small rise before the good news, retail investors saw hope and rushed in, wanting to make a quick profit. The market makers grasped the small calculations of retail investors tightly, and after everyone had entered, they let the market drop. During that time around three o'clock, you wouldn't even have time to average down; you'd just have to watch your positions get liquidated. Now public opinion is blaming Old Bao, which has nothing to do with Trump. Many people say they are equals while others say they are subordinates. Is the drop in the cryptocurrency market really related to a few words from Old Bao? Not at all; it’s just part of their planned strategy to harvest retail investors....