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BTC plunges, altcoins collapse. The election is favorable in the future, and investors are surprised by the plunge, why? What important information was ignored?

The following content is from <Followin>, the latest analysis from industry practitioners.

Phyrex@Phyrex_Ni:
I don't know why it's falling, but there are indeed a number of unfavorable factors today, but these factors are not the key ones.
For example, the tech stocks' earnings reports are indeed not very good, even dragging down Nasdaq and S&P 500, and Coinbase's earnings report is very poor, plunging more than 15%, but MSTR only fell 1.15%...

With the election approaching, BTC plummeted by nearly 4000U, and altcoins collapsed. Why?

The journey of escaping the trap, starting with the self-rescue of MEME.

What initially attracted me to the crypto circle was the story of Bitcoin's sudden wealth and the annual lament over the pizza day.

Once, as a staunch mainstream coin holder, I only used Binance and OKEx as my trading platforms, feeling comfortable under the big tree, believing that the coins bought on these platforms were reliable. Although I was not a full-time coin trader, I liked to follow the hot topics. By chance, I made some money on $Bome and $Pandora, and thought of myself as a genius trader.

But as time went on, the situation changed.

Whenever Bit...

Trading Record | The true story of how I changed my position Meme and achieved a profit of 400,000 US dollars in 2 weeks

On the eve of the 16th anniversary of the Bitcoin whitepaper, CZ, who has been out of the spotlight for a while, stated that 2024 will be a "year of recovery".