🚨 Interspersed Overview: Lost 63,000 USD! This is a historic "Stampede" large washout
On June 5th afternoon Beijing time, Bitcoin experienced a market-wide collapse resonance. $BTC brazenly lost the key support of 63,000 USD, plunging to test around 61,881 USD!
Ethereum (ETH) saw a sharp intraday decline of 5-7%, momentarily testing the 1,700 USD threshold; altcoins faced a "selective collapse," with the privacy coin ZEC crazily crashing over 40% in 24 hours!
The fear index (Fear & Greed Index) plummeted to 12 (extreme fear).
📊 On-chain data is not a unilateral retreat: The ultimate game between bulls and bears
According to AiCoin data monitoring, just during the most intense moment of the panic dump across the network and the market losing 63k, a16z and other long-term compliant funds, along with some main forces, were still quietly counting their bloodied chips.
Therefore, the most critical life-and-death line for the entire network today is the 60,000 - 61,000 USD psychological support line for BTC. If it can hold, this "washing out short-term holders to the brink" stampede will be a painful yet necessary high-level transfer.
Yesterday's market fluctuations were nerve-wracking, but true trading veterans never rely on luck.
Right at the moment when bulls and bears were fiercely battling, Bybit officially launched the "Cryptocurrency vs. TradFi: Robot Competition," with a total prize pool of 130,000 USDT!
This competition features a very clever gameplay, where the official directly launched "Prize Pool 1: Try Your Luck, Win Big Prizes." It emphasizes a 100% guaranteed win, every time!
Create your first TradFi platter: Just reach the trading volume threshold, and you will receive 2 lucky draw chances!
Accumulated trading volume of the platter $50,000: Get 1 more draw chance.
Accumulated trading volume of the platter $80,000: Get 1 more draw chance.
Accumulated trading volume of the platter $150,000: Get 2 more draw chances.
What is the "TradFi platter robot" mentioned here? Simply put, it can help you package traditional financial assets (such as US stock CFDs, crude oil, gold, etc.) with one click, using automated grids or strategies to capture volatility.
And why is the official launching a robot battle between traditional finance (TradFi) and cryptocurrency at this critical moment? Just look at yesterday afternoon's market trend, and you'll understand everything.
Two-sided Hedging: Utilize Robots to Explode the 120,000 USDT Prize Pool
The greater the market volatility, the more terrifying the robots' utility! When the crypto market suffers massive losses, your TradFi platter robot can automatically capture the volatility of safe-haven assets like American tech stocks and gold, helping you diversify the plunge risk of a single crypto market.
Currently, the competition's "Prize Pool 2: Trade to Win Prizes" has attracted 14,249 participants, with the current prize pool reaching 50,000 USDT, and achieving 20,000 points allows you to share in up to 120,000 USDT!
Daily points acquisition tasks are extremely flexible (unlimited trading volume cap):
TradFi platter robot trading volume: Points coefficient 0.03x (unlimited cap!)
Cryptocurrency robot trading volume: Points coefficient 0.3x (unlimited cap!)
Daily total net worth (USDT): Points coefficient 0.1x (cap of 200,000)
Number of trades: Points coefficient 15x (cap of 4,500)
Whether you have the robot trading high-frequency crypto contracts or steadily placing trades with the TradFi platter, in such extreme market conditions, points can easily skyrocket, hedging risks and simultaneously grabbing top-tier benefits from the platform!
3-minute easy deployment, first grab Bybit's 30,000 USD welcome benefit
Veteran traders never blindly hold on; rather than giving up loss-making chips in extreme fear, it’s better to activate the robot. Now that the activities are stacked, quickly grab all the newcomer experience funds and subsidies provided by Bybit, and start counting chips with whales:
Standard welcome gift: Complete KYC registration, deposit funds, and complete the corresponding trading tasks to unlock up to $30,100 USDT in experience funds and exclusive fee discounts.
P2P deposit subsidy of billions: For the first platform P2P deposit starting from 10 USDT, you can draw a maximum voucher of 99 USDT, with first order enjoying a maximum of 99% discount.
Exclusive Chinese ranking boost: Sprint derivative contract trading, Top 1 exclusively wins a reward of 2,000 USDT.
Participation is super simple:
Click the exclusive link to register:
https://jump.do/zh-Hans/xlink-proxy?id=15
When registering, be sure to fill in the exclusive Chinese invitation code: 34429
After logging in, go to the TradFi page, create your first "platter robot" with one click, securing 2 guaranteed draws, and start your multi-dimensional hedging battle!
Join our community to discuss together and become stronger together!
Official Telegram community:
AiCoin Chinese Twitter:
Bybit benefits group:
https://aicoin.com/link/chat?cid=7JmRjnl3w
⚠️ Disclaimer: The above content is for reference only and does not constitute any investment advice. Digital assets, TradFi robots, and derivatives trading carry extremely high risks; please participate rationally based on your own ability to bear risks and strictly control risks. The activity rules are subject to Bybit's official announcements.
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