The moment you checked the market in the morning, did your heart skip a beat? BTC plummeted directly from $86,313 to $80,600, with three rapid long wick candles, as if someone was putting on a horror show on the trading screen. I saw the group explode with messages—some shouted, "It's really doomed this time," while others cursed the market makers for being inhumane.

But listen to me, this plummet is not a signal of doom at all. After tracking cryptocurrencies for 8 years, I've seen much more thrilling dramas than this. This time? It's just a typical market maker harvesting and washing out.

The numbers are right in front of us: the single-day trading volume has surpassed 36.8 billion USD, and the liquidation amount within 24 hours exceeded 1 billion USD. Both longs and shorts were taken out; no one escaped. After Old Wang in the group got liquidated, he uninstalled the app, and Xiao Li bought the dip at 83000 and got stuck, while others just gave up and stopped watching the market altogether. The market maker's combo move has clearly toyed with retail investor sentiment.

But you must understand that what retail investors see as a "crash crisis" is viewed by institutions as a "fire sale of cheap chips." This seemingly uncontrollable fluctuation is actually a reshuffling by the big players.

Want to understand this market trend? Focus on three core points: Why are market makers engaging in dual-directional slaughter? What logic is hidden behind the long wick candle with increased volume? Does the slowdown in ETF capital inflow really mean withdrawal?

Let's clarify these principles today and help you understand what the institutions are really planning.

Let's talk about liquidation first—$1 billion in liquidation data is no joke. Whether you are chasing the trend to go long, or betting on a decline to go short, or even just taking a small gamble.