$BTC $ETH Institutions are also losing money now, probably no one is watching the slow bull anymore.

Those who previously said that institutions entering the market would prevent prices from falling and lead to a slow bull have also shut up.
Strategy (MicroStrategy) holds 712,600 BTC, with an average cost of $76,037. Currently, BTC price is close to its cost line, and unrealized gains have been mostly wiped out;
Tom Lee's Bitmine holds 4.243 million ETH, with an average cost of $3,849. As ETH price drops to $2,400, its unrealized loss reaches $5.92 billion, with a loss ratio exceeding 36%;
Yi Lihua's Trend Research holds 651,500 ETH, with an average cost of about $3,180, currently with an unrealized loss of $475 million. Since this position involves leveraged borrowing, the liquidation price is around $1,880.
Trump, Tom Lee, Yi Lihua, MicroStrategy, CZ—these big figures collectively cannot change the four-year cycle of the crypto market.