#数字资产市场动态 The blogger who relies on creating big market panic to harvest profits is back again, using the same old tricks—first hyping a collapse on a certain options expiration date, then stirring up market reversal rumors, and finally sitting back to enjoy your FOMO-driven trades. The same group that hyped Japan's rate hike is doing it again, just with a different mask.

These people treat anxiety as a business model. The more anxious you get, the more you want to rush into trades, and in the end, your frequent trading provides liquidity to the market. Meanwhile, their followers and popularity keep climbing.

The data speaks for itself: According to Coinglass statistics, the total nominal amount of forced liquidations on the entire network since 2025 has reached around $150 billion, with daily leverage shakeouts averaging $400-500 million. Most trading days see liquidations in the tens of millions to hundreds of millions of dollars, mainly reflecting margin adjustments and short-term position clearing under high leverage, with limited impact on medium- and long-term price trends.

There are few events truly capable of shaking the market. The leverage reduction during October 10-11 was a typical systemic shock; other times are mostly "false alarms."

The latest 24-hour data finally shows net inflow, and the panic index has been stuck in extreme fear for over a month. Based on last week's pace, the reversal window should be approaching soon—possibly bottoming within two weeks if fast, or about a month if slower. Whether a bottom is confirmed depends on whether new lows are broken.

Here's a tip: block those accounts that instantly annoy you when you see them. Truly valuable influencers should teach you how to avoid pitfalls, manage risks, and respond to current situations, not constantly create a fearful atmosphere. Choose voices that are becoming more calm and methodical, and your trading journey will be more stable.