The recent crypto market has experienced a significant plunge. Rising geopolitical policy risks have triggered a risk-off sentiment, causing Bitcoin to break below the $92,000 level. During this adjustment, none of the major cryptocurrencies were spared: Bitcoin fell by 3.6%, Ethereum declined nearly 5%, and Solana performed the weakest, dropping over 8% in 24 hours.



What’s more concerning is the funding situation. In just the past 24 hours, over $600 million in long positions have been forcibly liquidated, which is already a substantial scale. Meanwhile, the performance of traditional safe-haven assets has been completely different—gold and silver have consecutively hit new all-time highs, making this contrast quite meaningful.

The market seems to be re-pricing risk. When macroeconomic conditions change, funds tend to flow from high-volatility assets to more stable traditional assets. How long will this adjustment last? The future trend will depend on how external conditions evolve.
BTC-1,98%
ETH-3,48%
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MerkleMaidvip
· 8h ago
It's the same story again, funds have moved to traditional assets, and we've been cut off.
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MEVSupportGroupvip
· 8h ago
Once again, a liquidation explosion, this time Solana really collapsed. Longs, why are you still holding on? Gold has already hit a new high. 600 million just disappeared, now that's truly terrifying. Wait, is there really no rebound this time? I just want to know who can survive this wave. Why is SOL always the worst hit? Geopolitical risks, this damn thing, the crypto world can’t handle it. Wait until the political situation stabilizes before entering. Going in now is just asking for death.
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rekt_but_not_brokevip
· 9h ago
Another wave of cleanup, SOL directly drops by 8%, I can't go on like this $600 million liquidation? Oh my, how many people are trapped like me Gold and silver are celebrating, but our coins are just scraping the floor, isn't that ironic? Speaking of geopolitical policies, when will this ever end... That's why I say don't go all in, but you guys just don't listen Traditional assets are rushing to hedge risks, while we're still bottom-fishing like a tragic story, a typical rookie script 92,000 didn't hold, and we don't even know where the next key level is
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WagmiAnonvip
· 9h ago
SOL has been hammered again, I really can't understand it anymore --- $600 million liquidated? Oh my, this time the bleeding is quite severe --- Gold has risen again, and we're still bottom-fishing here, hilarious --- Geopolitical tensions cause the entire market to suffer, so annoying --- Breaking 92,000? Just break it, I don't have any spot holdings anyway haha --- How long can this risk-averse sentiment last? Feels like the hot spots are shifting too quickly --- Funds are flowing into gold, indicating a lack of confidence in the short-term market --- Another wave of retail investor harvest, why is it always so sudden and unexpected --- SOL dropping 8% is nothing, why wasn't it this active when it was rising before --- Wait, is this a re-pricing or a direct crash? Can't quite tell
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