Did the crash hurt your liver? It turns out the three "blood extraction pumps" are causing trouble, retail investors, don't rush to cut losses!

The moment I opened the market software, I was directly stunned.

The Nasdaq and Bitcoin plunged simultaneously, my holdings were all in the red, making me feel suffocated.

I initially thought it was a black swan attack, but later realized, this was no accident; it was clearly three "capital harvesters" simultaneously at work, draining the market liquidity completely!

The first one is the Treasury's "money-grabbing operation." $163 billion in treasury bonds was released in a pile; this isn’t financing, it’s basically the national team coming down hard to grab!

As the risk-free interest rate rises, hot money all runs to buy treasury bonds. Who would still want to stay in these risk assets like cryptocurrencies and the stock market? My holdings were left behind to take a beating, falling without any spirit.

The second one is even harsher, the Federal Reserve's "expectation killing." I had been hoping for interest rate cuts every day, but then a simple "not in a hurry to cut rates" turned the script upside down, it was basically a public slap in the face.

Leveraged funds were scared into liquidating positions overnight, the liquidation orders crashed down like an avalanche, this isn’t a normal correction; it’s clearly funds trampling each other to escape. The coins in my hands plummeted all the way down, and there was no buying support even if I wanted to sell.

The third one is the banks' "cash shortage crisis." The overnight interest rate soared to outrageous levels, banks were looking everywhere for cash to save themselves, where could there be leftover grain flowing into the crypto circle?

I stared at my account, struggling all morning. If I cut losses, I worry about missing out on a rebound; if I don't, I'm afraid of continuing to fall deeper into a trap. This kind of dilemma is too tormenting.

Eventually, I finally realized that what I should do now is hold on to cash tightly; definitely don’t play "philanthropist" at the floor price—missing out on the top is fine, but cutting losses at the lowest point could really mean a serious loss.

Next, I’ll keep an eye on three signals: banks loosen lending, treasury bond yields drop, and the Federal Reserve changes its tone to soft talk.

As for bottom fishing, just focus on BTC, ETH, BNB, these leaders. They are strong against declines and rebound quickly. When the signals arrive, entering in batches is definitely the right move.

In fact, a crash is not scary; what’s scary is panicking and making random moves. The market has always washed out the weak hands during crashes and rewarded those who are patient during surges.

Now that everyone is in a panic and cutting losses, if you can maintain your composure, when the storm passes, what you pick up won’t just be chips, but the opportunity to make money in the next round! @加密珂姐