MICA Daily｜Investors are concerned about the ongoing deleveraging of the US stock market, and Bitcoin suddenly fell to 78,000 USD.

In the past few hours, the price of Bitcoin suddenly fell, dropping from nearly $83,000 to below $79,000 in a big dump. According to CoinGlass data, about 600 million dollars in leveraged positions were liquidated, and the market liquidation level surged significantly. This drop occurred after Bitcoin's stable performance in recent days, outperforming major indices. However, the price drop that occurred earlier today mainly reflects the concerns of specific large investors about the market outlook.

Currently, the sentiment in the US technology market is tense due to President Trump's announcement of comprehensive reciprocal tariffs globally. The market anticipates that the EU may impose retaliatory tariffs, and investors are concerned that Monday's opening may see a disastrous situation. Additionally, many hedge funds received warnings about margin calls and financing maintenance ratios over the weekend. Some analysts believe that the market will experience more intense deleveraging. If Trump's policies do not change or ease in the future, the market's downward trend will continue, which will eventually affect cryptocurrencies.

However, we believe that the actual situation is not as pessimistic as it seems. The tariff policy that Trump threw out last week must have raised the prices high, waiting for countries to come to negotiate, only to gently lower them in the end. Coupled with the current domestic protests erupting in the United States, the pressure he faces will be even greater. The current difficulty lies in when the turning point will appear. Due to the complex negotiations and ever-changing negotiation policies involved, it is fundamentally difficult to predict. However, opportunities for entering the market layout are gradually emerging.

Disclaimer: The article only represents the author's personal views and opinions, and does not represent the views and positions of the blockchain. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and the blockchain will not bear any responsibility for any direct or indirect losses incurred by the investor's trades.

Disclaimer: This article is intended to provide market information, and all content and opinions are for reference only. It does not constitute investment advice and does not represent the views and positions of the blockchain. Investors should make their own decisions and trades, and the author and blockchain will not bear any responsibility for any direct or indirect losses incurred by investors' trading.