The conspiracy theories are wild. First it was Binance and then it was Wintermute and then it was an unknown offshore macro hedge fund and then it was paper bitcoin and. today it is Jane Street and next week it will be someone else.
The real reason bitcoin is down is that a bunch of people who were long Bitcoin sold their Bitcoin exposure. They sold it via spot, they sold it by unwinding leveraged positions, and they sold it be writing calls against their bitcoin.
They sold because of the four year cycle and because of quantum fears and because they wanted to invest in AI start ups and for other reasons.
They are mostly done selling and we are in the process of bottoming. We will set new all time highs in the future.
This is a classic crypto winter and there will be a classic crypto spring.  People want someone to blame — I get it — but  the reality is far more boring than that.

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阴谋论真是五花八门。先是币安，然后是Wintermute ，接着是一家不知名的离岸宏观对冲基金，然后是纸比特币，今天又说是Jane Street，下周可能就轮到别人了。
比特币下跌的真正原因是，许多持有比特币多头头寸的人抛售了他们的比特币仓位。他们通过现货交易抛售，通过平仓杠杆头寸抛售，以及通过卖出看涨期权来抛售。
他们出售股票的原因是四年周期、量子危机带来的担忧、想要投资人工智能初创公司以及其他原因。
他们基本已经停止抛售，我们正处于触底反弹阶段。未来我们将创下历史新高。
这是典型的加密寒冬，也必将迎来典型的加密货币春天。人们想找个人来背锅——我理解——但现实远比这平淡得多。

Block 旗下的比特币项目比特币 at Block（Block 由 Twitter联创杰克·多西创立）刚刚宣布上线免费比特币水龙头，标记比特币分发模式的回归……

杰克·多西宣布了一项价值 100 万镁的项目，旨在免费赠送比特币。

微策略（Strategy）创办人 Michael Saylor 断言比特币已赢得全球叙事战，同时点名 BIP- […]
〈Michael Saylor 警告 BIP-110 是比特币最大威胁；四年周期已死、机构资本才是真主角〉这篇文章最早发布于动区BlockTempo《动区动趋-最具影响力的区块链新闻媒体》。

Michael Saylor 警告 BIP-110 是比特币最大威胁；四年周期已死、机构资本才是真主角

根据链上数据显示， Chainlink已按计划按季度解锁 1787.5 万枚 LINK 代币，价值约 1.65 亿美元。
在新增的供应量中，有 1487.5 万枚 LINK，……

Chainlink代币大规模解锁引发抛售担忧

if we go down again I am blaming this post

如果我们再次失败，我都要怪这篇文章。