I often wonder whether we, the native members of the crypto world who are immersed in it every day, are living in an information cocoon. How much information is there that we do not know, and how much information is passed around in the circle, fermented and amplified, then re-exported back to us? Today, I came across news on Wall Street Insights and other platforms about an external person relaying the comments from insiders regarding JPMorgan's warning that MicroStrategy might be removed from the MSCI index due to its large holdings of Bitcoin. Moreover, the level of fermentation of this news is significantly greater than when it was first disseminated.

I guess it's probably because traditional finance trusts JP Morgan's research reports more. People like us, who focus on primary macro data and K-line charts every day, seem to have less of a reaction.

The article states: "There are rumors that the U.S. government orchestrated the recent market crash in order to buy Bitcoin and MicroStrategy at a low price. A more imaginative version depicts this as an ultimate showdown: on one side is the 'old currency order' represented by JPMorgan and the Federal Reserve, and on the other side is the 'new digital architecture' centered around the Trump administration, the U.S. Treasury, and Bitcoin, with MicroStrategy being the key 'bridge' in this century's battle."

To be honest, we encounter things we can't understand during the process of trading coins, leading to conspiracy theories and various speculations, especially after Trump took office, the obvious interventions in the market have deepened distrust of the U.S. authorities. However, there are indeed not many who bluntly suspect that the U.S. government is orchestrating a crash.

Logically speaking, the recent news about Chen Zhi and Qian Zhimin could either be a result of recent handling or a deliberate leak to crash the market. It is difficult for us to determine when the seized goods will actually be released. Last year, the news about the German government selling Bitcoin also triggered quite a bit of panic and a market crash. However, at that time, there were indeed many rumors about large OTC transactions, and although those in the know realized they were unreliable, the frequency of such news indicated that there were actions being taken in the market. Recently, however, there seems to be a lack of such news, though it could just be that I am in an information bubble; anyone who knows more can spill the beans.