Retrospective notes: In addition to this conjecture, here's another one. Several major crypto, such as Binance (CEX) and DEX (DEX), have listed silver futures contracts, which has attracted a significant amount of active funds in the crypto. The sharp drop in silver prices, followed by a massive spike at the top, triggered a chain reaction in the crypto. This current decline in the crypto was also initiated by the sharp drop in silver prices at the top. This could have a chain reaction when silver prices fluctuate significantly (fall).

This drop continues to significantly drain liquidity from the crypto. While there are always winners and losers, only a portion of the huge unrealized profits from short sellers will flow back in, and even then, it's not guaranteed to translate into buying power. In other words, liquidity is further depleted, and we can't expect a significant rebound like the one seen with KOL Tianlong➮. Of course, I still cannot predict short-term prices; the decision is yours.