The current double drop in gold and silver exceeding 6%, combined with the slump in U.S. stocks, is a typical liquidity crisis triggered by macro tightening. This has led to indiscriminate selling of highly liquid assets for cash, not a fundamental issue. $BTC is passively following the drop. With macro funds bleeding heavily, as a high-risk asset, it’s impossible for it to remain unaffected—it’s inevitably facing associated sell-offs. Right now, 68K is barely holding, but if U.S. stocks continue to deteriorate after the market opens, once 68K is breached, it will directly trigger a massive wave of long positions hitting stop-loss orders below, leading to a chain reaction of liquidations and accelerating downward spikes. At the moment, stability should be the priority. Don’t bet on 68K holding. Be patient and wait for a large-scale liquidation across the network, widespread negative funding rates, and extreme sentiment. Only after the panic selling ends and a long lower shadow forms at the bottom will it be the best risk-reward entry point on the right side.