Macro Crash! This may be the last shakeout of the main forces

Event Driven: The conflict between Trump and Iran escalates + Fed rate cut expectations are delayed again, DXY hits a recent high, and the market shows signs of short-term liquidity exhaustion.

Core In-depth Analysis:

The essence of the decline is the main force accelerating the cleaning of floating chips. This recent wave of decline is by no means a trend reversal, but a standard violent shakeout. On-chain data clearly shows that whale addresses have not significantly sold off; instead, they are quietly accumulating at key support levels, which indicates that the main force is well aware of the current fragile market sentiment and deliberately creating panic to force leveraged bulls to liquidate, thus establishing a clean long position at a lower level. The CME Bitcoin futures gap has not yet been filled, and historically, such gaps are usually filled within a week, at which point it will signal the bulls to reorganize their attack.

Funds are withdrawing from AI narratives and rotating into the Meme track.

In this wave of decline, the AI sector has generally fallen more than the broader market, while Meme leaders like GOAT have risen against the trend, and the trajectory of fund rotation is very clear. Market risk appetite has not disappeared; it has simply switched from high-valuation tracks to high-elasticity tracks. Although the Layer 2 concept has generally corrected, multiple mainnet launches are imminent in April, which is a mid-term certainty logic; the correction instead provides a secondary layout opportunity.

Trading Response Logic:

Currently in a typical left-side bottoming area, the right-side confirmation signal has not yet appeared. It is recommended to adopt two strategies: for high-risk enthusiasts, small positions can be tried in the Meme rotation after small-level divergence signals appear; for conservative players, it is advisable to wait for the daily closing to stabilize above 85000 with increased volume before adding positions on the right side. The core principle is: do not catch the lowest point, do not chase the highest point, only do what is certain.

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Disclaimer: The above analysis only represents independent research opinions, the cryptocurrency market is highly volatile, and this article does not constitute any investment advice (DYOR).