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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陰謀論真是五花八門。先是幣安，然後是Wintermute ，接著是一家不知名的離岸宏觀對沖基金，然後是紙比特幣，今天又說是Jane Street，下週可能就輪到別人了。
比特幣下跌的真正原因是，許多持有比特幣多頭頭寸的人拋售了他們的比特幣倉位。他們通過現貨交易拋售，通過平倉槓桿頭寸拋售，以及通過賣出看漲期權來拋售。
他們出售股票的原因是四年週期、量子危機帶來的擔憂、想要投資人工智能初創公司以及其他原因。
他們基本已經停止拋售，我們正處於觸底反彈階段。未來我們將創下歷史新高。
這是典型的加密寒冬，也必將迎來典型的加密貨幣春天。人們想找個人來背鍋——我理解——但現實遠比這平淡得多。

Block 旗下的比特幣項目比特幣 at Block（Block 由 Twitter聯創傑克·多西創立）剛剛宣佈上線免費比特幣水龍頭，標記比特幣分發模式的迴歸……

傑克·多西宣佈了一項價值 100 萬鎂的項目，旨在免費贈送比特幣。

微策略（Strategy）創辦人 Michael Saylor 斷言比特幣已贏得全球敘事戰，同時點名 BIP- […]
〈Michael Saylor 警告 BIP-110 是比特幣最大威脅；四年週期已死、機構資本才是真主角〉這篇文章最早發佈於動區BlockTempo《動區動趨-最具影響力的區塊鏈新聞媒體》。

Michael Saylor 警告 BIP-110 是比特幣最大威脅；四年週期已死、機構資本才是真主角

根據鏈上數據顯示， Chainlink已按計劃按季度解鎖 1787.5 萬枚 LINK 代幣，價值約 1.65 億美元。
在新增的供應量中，有 1487.5 萬枚 LINK，……

Chainlink代幣大規模解鎖引發拋售擔憂

if we go down again I am blaming this post

如果我們再次失敗，我都要怪這篇文章。