The cover is not the cause of the curse; the cover is a symptom of the bubble.

At 6:30 in the morning, the cryptocurrency market was in turmoil, with Ethereum plummeting over 13%. At that same moment, the screen of Yi Lihua's phone flashed a glaring red warning—his fund, Trend Research, had a massive Ethereum position that was less than $200 away from forced liquidation. In the early hours of February 6, 2026, the cryptocurrency market experienced a complete collapse. Bitcoin and Ethereum led the decline, both dropping over 12%. In this storm sweeping across the entire market, one name was linked...

On February 6, 2026, at 8:00 AM UTC+8, Binance's Secure Asset Fund for Users (SAFU) transferred **3600 BTC** from the platform's main account, equivalent to approximately **$233.57 million** according to Whale Alert, increasing its position against the trend in a highly volatile market. During the same period, Coinglass data showed that the total liquidation scale across the network in the past 24 hours reached **$2.597 billion**, involving about **570,000 traders being passively liquidated**, while Greeks.live disclosed that there were **33,000 B**.

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From the early morning to daytime on February 6, on-chain monitoring showed that **Trend Research** concentrated on transferring and selling a large amount of ETH to exchanges, quickly becoming the focus of the entire market. Within just a few hours, the institution sold tens of thousands of ETH, including a key operation of a single transfer of **20,000 ETH** to Binance, which many observers regarded as the most representative institutional-level deleveraging action in this round of ETH's sharp decline. This event coincided with a sharp drop in Bitcoin prices and sentiment.

The price of Bitcoin once fell below $70,000, and the fear index plummeted to 11. Amidst the market's wailing, ARK Fund and UBS Group were buying against the trend. Recently, the cryptocurrency market has experienced severe fluctuations, with the price of Bitcoin briefly dropping below the key psychological level of $70,000, setting a new low since 2022. The fear index has dropped to 11, entering the "extreme fear" zone. While retail investors were panic selling, some keen market observers noticed that institutional investors were quietly positioning themselves.

As a new investor, how can you avoid selling in panic and chasing highs out of greed?

Original author: Ma He, Foresight News If someone told you that there are some smart traders who can make money by predicting the weather and temperature, would you believe it? The trader named neobrother in the picture above has been making crazy bets on the weather in various cities on Polymarket, currently accumulating profits of over $20,000. He is not a blind speculator but a highly data-driven expert who specializes in vertical niches and is skilled in leveraging odds. neobrother's trading records are almost entirely focused on weather forecasting (Weat...

Stocks, precious metals, and cryptocurrencies are all suffering together, creating a pure "liquidity black hole."

The price of Bitcoin once fell below the key support line of $76,000, and the world's largest publicly traded Bitcoin company faced its first unrealized losses, with over $2.3 billion in leveraged positions being forcibly liquidated within 12 hours. Once regarded by the market as a "benchmark of institutional faith," MicroStrategy's average holding cost line (approximately $76,037) was completely breached by the end of January 2026. Bitcoin has retreated from its high of nearly $126,000 in October 2025, with a decline of over 30%, triggering events since November 2025.

On the morning of February 6, global risk assets faced their darkest moment, with Bitcoin plummeting over 12% in a single day, nearing the $60,000 mark. The number of liquidations in the cryptocurrency market exceeded 570,000 in one day. Bitcoin touched $60,000 during trading, which is already a halving compared to the historical high of $126,000 set last October, with a market value evaporating by over $1.2 trillion. This sell-off storm swept across the globe, affecting everything from U.S. stocks and precious metals to Asian stock markets, with spot silver crashing over 19% in a single day, and the three major U.S. stock indices...

This time, there is no single triggering factor.