注意看，glassnode 这个90天移动平均止盈/割肉比指标
市场这波大跌主要还是在消灭盈利盘，而非18年Q4～19Q1和22年Q2～23年Q1那样的割肉大投降
换言之，刻舟救剑的话，BTC的盈利盘远没有出清，熊市还没真正开始🤪

🔄UPDATE:
The Realized Profit/Loss Ratio (90D-SMA) continues to trend lower (~1.32), approaching 1, echoing diminishing liquidity.
Historically, a sustained break below 1 has overlapped with broad-based capitulation, where realized losses outpace profit-taking across the market.  x.com/glassnode/stat…

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Pay attention to the 90-day moving average profit-taking/loss-cutting ratio indicator on Glassnode. This market crash is mainly eliminating profitable positions, not the mass sell-offs and capitulation seen in Q4 2018–Q1 2019 and Q2 2022–Q1 2023. In other words, if we're just trying to salvage the situation by clinging to outdated methods, BTC's profitable positions are far from being cleared out, and the bear market hasn't truly begun yet. 🤪

This trader made a total of 48 predictions of market movements within 15 minutes, earning a net profit of $80,000 in one day.

Earning $80,000 a day, this top player treats Polymarket like an ATM.

Written by: Mahe, Foresight News
Solana, one of the most successful public blockchains, is also facing a winter.
Since the market crash on February 5th, Solana's token SOL once fell to $67, a new low since December 2023. As of now, SOL is currently priced at $80, a 24-hour drop of 3.57%. Looking at the monthly chart, SOL has been declining for five consecutive months since its October 2025 high, with a maximum drop exceeding 71%. The most well-known aspect of this ecosystem...

Meme wanes, narratives cool: Solana's cyclical boom ends as it falls below $80.

Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

早是一刀，晚是一刀，早晚是一刀

It's the same cut sooner or later, it's the same cut either way.