[US Stocks Plunge: What's Next for Mainstream Crypto Assets? On-Chain Liquidation Walls and Major Trader Movements] BlockBeats reports on November 6th that the US stock market experienced a precipitous drop yesterday, drastically cooling down AI trading. This has created both risks and opportunities in the crypto market. On one hand, crypto is being dragged down by the US stock market, and institutional selling pressure may shift to crypto assets. On the other hand, crypto had already adjusted ahead of the US stock market, showing strong resistance to this round of decline. Coupled with cyclical factors, there are no visible negative factors for the future. Therefore, the trend of mainstream crypto assets in this sensitive environment is quite delicate. This article will analyze on-chain liquidation walls and whale address movements to gain insight into the future direction of the crypto market.