2026-01-20 02:33:27

Last night, the market directly exploded. US stock futures led the decline, and European stock markets were in even worse shape. The crypto world was not spared either, with nearly 260,000 traders liquidated on the spot, and panic spreading everywhere.

In contrast, gold stubbornly surged against the trend, breaking through the 4670 level in one go. What exactly happened behind the scenes? In one sentence: the tariff war between Trump and the EU suddenly escalated. The US waved its trade stick, and the EU immediately retaliated with a list worth 93 billion euros. The market was instantly stunned, everyone desperately rushing into gold,疯狂避险。

This black swan event directly pressed "interest rate cut expectations" and "risk appetite" to the ground for friction. Capital all flowed into safe-haven assets, draining liquidity from our crypto circle, and market volatility will only become more intense.

Is the storm just beginning or already reaching its peak? Is this year's market trend the main theme or a big trap? What do you all think?

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ForkPrince

· 14h ago

260,000 people liquidated in one night, this is so intense that I’m numb. You really think gold can break through 4670? As soon as the tariff war started, everyone ran into gold, what a brain... The liquidity in the crypto world has been drained, what’s the next move? Trump’s move directly stopped my losses, damn it. A retaliation order worth 93 billion euros, is this the big trap of the year? The risk aversion wave is coming, retail investors are about to get cut again. Gold’s sharp rise might actually be more dangerous, the bubble is about to burst. Honestly, it’s still market sentiment collapsing; how will it rebound later? 260,000 people wiped out overnight, back to square one—that’s the daily life in crypto.

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HalfBuddhaMoney

· 01-20 03:02

200,000 people get liquidated again, it's that time to harvest the leeks, watching the show Gold has taken off while coins are still getting beaten, liquidity has been completely drained As soon as the tariff war started, everyone rushed into gold, and we just became the bagholders, hilarious The expectation of rate cuts is gone, risk appetite is also gone, I can't see what the main trend is Trump's move is really clever, the EU directly threw out 93 billion, the market is freaking out Is this a big pit or a big main trend? I don't know, anyway my position is greeting my mom

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AlwaysQuestioning

· 01-20 03:01

260,000 people liquidated, this number is truly incredible... When gold surges, the crypto world gets drained directly, it feels like this is always the same routine. Trump is causing trouble again; who would dare to take over during such market conditions? Is this year an opportunity or a trap? I really can't see through it. The idea that liquidity has been drained is too hopeless; when will it ease up? In such a market, protecting your position is more important than anything else. Gold has soared to 4670, and there are still people in the crypto world daring to buy the dip... As the risk aversion wave hits, everyone is fleeing; those calling for a bottom now are probably just retail investors. The trade war escalation feels like the entire market is exploding, the crypto space is the hardest hit. The rate cut expectations have been shattered, it's tough, everyone. A €93 billion retaliation list—these players really know how to stir things up. Liquidity exhaustion feels like this—everyone wants to sell everything they have. When the liquidation wave hits, you immediately know who’s swimming without clothes. Gold is frantically seeking safety; it's really hard for the crypto market to turn around. How long will this black swan event last? Can anyone tell me?

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MercilessHalal

· 01-20 02:55

260,000 people liquidated? Honestly, it was about time to clean out the greedy ones—they should all eat dirt. Gold at 4670 outperformed us this round, but that's the fate of safe-haven assets; the crypto market is all about risk. Once the tariff war started, everything became a game of expectations. The real big move will come after the dust settles. When Trump makes a move, the crypto market is bound to get sacrificed—that's an iron law. Liquidity being drained is normal operation; big institutions have already been accumulating chips. Instead of guessing when the storm will end, think about how many more liquidations you can withstand. Hold on tight; there will definitely be a chance to turn things around this year. The key is to survive long enough.

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RuntimeError

· 01-20 02:47

260,000 people liquidated, this time really brutal. Gold is fleeing, why can the crypto circle still bottom fish? --- The tariff war has started, liquidity has been drained instantly. In the high-risk asset world of cryptocurrencies, who dares to take over now? --- Trump is stirring things up again, gold is heading straight for 4670, and we're still here. Truly incomparable. --- Is this black swan the appetizer or the main course? Feels like something could happen at any time this year. --- Safe-haven assets are being drained, the crypto circle is being sucked dry. The question is, when will it recover? --- A retaliation list worth 93 billion euros has been released, and the whole world is panicking. Crypto liquidity has dropped to zero; how long will it take to recover? --- 260,000 people gone, gold has flown away. Those still daring to bottom fish now are really bold. --- As the tariff war escalates, funds are rushing into gold. The liquidity in the crypto circle can't withstand this at all. --- Black swan coming so quickly? This year's market is truly surreal. --- The rate cut expectations are suppressed, risk appetite is gone. What else can the crypto circle do?

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PaperHandSister

· 01-20 02:47

260,000 liquidation? I just want to know if these people are over-leveraged again, serves them right. Gold hitting 4670, why didn't I react? Should have bought in earlier. The trade war starting, the whole world will tremble, the crypto circle will be the worst hit. Interest rate cuts are gone, risk appetite is gone, now only safe-haven assets remain. How can cryptocurrencies still rise? I bet this wave is either the start of a storm or just jumping into another pit. Already said it before, when macro chaos erupts, the crypto market will die first. Isn't this just proof? Trump is causing trouble again, I'm just waiting to see how Europe responds. Really tired of these sudden black swan events, impossible to defend against. The phrase "liquidity has been drained" is spot on; we are just the ones being harvested. Rather than guessing, it's better to wait for the US stock market to open today, that’s the real key.

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Rugpull幸存者

· 01-20 02:37

260,000 people liquidated? That's just the daily routine of gamblers; it's about time to wake up. Gold has surged to 4670, but the crypto market is still trembling—what does that say? Trump really knows how to stir things up, directly turning the entire market upside down. This year's market trend feels like last year's pattern—big pits trapping big pits. When funds flow into gold, we should recognize the situation clearly. As the trade war escalates, safe-haven assets become popular, and the crypto market is being countered with reverse harvesting—that's standard operation. The reverse version of 260,000 people achieving financial freedom overnight—it's quite brutal. Entering now is like walking into a flying knife; better to wait and see. This wave of gold movement is actually a warning bell for the crypto market; whether you listen or not depends on you. Liquidity has been drained; can the market still survive?

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