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The crypto assets market has recently stirred up again. A long-time inactive senior holder suddenly conducted a large-scale sell-off of Bitcoin, causing a violent shake in the market. This investor, referred to in the industry as the "Ancient Whale," not only transferred assets but actually conducted a significant amount of selling on the exchange. This action directly led to a noticeable fall in the price of Bitcoin, which once touched a low of $114,600, triggering panic in the market in a short time.
At the same time, another notable event is that the legal disputes related to Trump seem to have made new progress. These two seemingly unrelated events are, in some way, jointly influencing the market performance of Bitcoin.
Despite the emergence of such negative news, Bitcoin's price has shown a certain level of resilience. This phenomenon has sparked widespread discussion among market participants: have these negative factors already been fully absorbed by the market? Does Bitcoin now possess the ability to withstand such shocks?
Analysts point out that although there may be fluctuations in the short term, the long-term trend of Bitcoin still depends on its fundamentals and the overall market environment. With the continued entry of institutional investors and the uncertainty of the global macroeconomic situation, Bitcoin's position as a hedging tool may further strengthen.
However, investors must remain vigilant. The high volatility of the crypto assets market means that situations can change at any time. Closely monitoring market trends and rationally analyzing various information will be key for participants to make wise decisions in this rapidly changing market.