Why can BTC fall smoother than butter?

This cut falls by 44%, directly wiping out the entire increase for 2025, and conveniently taking away 1 trillion dollars in market value.

Author: A living HODLer 😭😭

Don't blink, because you are witnessing the most elegant "free fall" in cryptocurrency history. From the historical high of $126,500 in October, it has slid all the way down to $82,000, without any decent rebound, no dead cat bounce, and no 30-minute level bullish candles, as if someone had smeared lubricant on the K-line, clean, smooth, and without resistance.

This is not a market crash; this is "artistic level washing."

Here are 6 deadly combos that make BTC fall faster than your ex-girlfriend blocking you:

1. Trump tariffs + US government shutdown = liquidity hemorrhage
The national treasury TGA is being rebuilt to nearly 1 trillion USD, equivalent to the market being forcibly drained of blood. Bank reserves decline → Risk assets are dumped → BTC is the first to be hit. Historical data: For every additional day the government shutdown is extended, BTC falls an average of 0.4%.

2. The US BTC ETF saw a monthly outflow of $370 million.
This is the worst since February this year, BlackRock has also suspended buying. Institutions are collectively shouting "fall back for peace of mind" at the $100k psychological barrier, can you believe it?

3. The leveraged long was cut down in an instant.
Since November, the liquidation has exceeded $20 billion USD, and the open interest (OI) has been directly halved.
Low liquidity + high leverage = prices like an elevator with a broken rope, crashing down with a bang.

4. The death cross is about to take place.
The 50-day moving average is about to cross below the 200-day moving average, and the technical analysts are already preparing to weep. The RSI is oversold, and the MVRV is still at 1.8 (far from the bubble zone), but the charts don’t speak; they only kill.

5. Whales and miners crash the market
Long-term holders sold $43 billion, miners are crazily transferring coins to exchanges. The exchange balance surged, and the selling pressure is like the last stone before an avalanche.

6. Everyone believes at the same time that "this time is different"
The result is always the same: panic to the extreme, it's the bottom. But please zoom out the camera for 5 seconds:
• Last November it also crashed from $71k to $66k, the whole network shouted that the bear market has come • 45 days later directly $10k

The current conditions are almost completely replicated:
The Fed is about to end QT, institutions are bottom-fishing, whales scooped up 30,000 coins last week, and Saylor is once again shouting "Black Friday sale on Bitcoin."
This smooth fall is not the end,
It is the VIP seat left for the last people to board during the bull market, and now it is still at a 40% discount.
$78k If it can't be held, go for $60k ~ $65k to take the last hit. If it can be held, the probability of returning to $100k+ before mid-December is exceedingly high.
Zoom out, bro.😎😎
Real players never dare to buy at the lowest point, but quietly place their buy orders when everyone thinks "it's over."
Are you ready?💪💪💪
(If you like this article, share it so more people can pick up cheap coins in the bloodbath.)
#比特幣行情觀察 #美國結束政府停擺 #當前行情抄底還是觀望？ #加密市場觀察 $BTC $ETH