These days, the community is all shouting that faith is gone, decentralization has collapsed, and blockchain is killing people. Don't rush to light candles and review the market for 48 hours—you'll find that this wave is not an accident but a textbook-level weekend hunting logic. It's simple: this is "physical suppression." Weekends are a liquidity vacuum period; Wall Street's big funds have clocked out, and the market looks as thin as a sheet of paper. Normally, a few hundred orders can support the market, but now just a few dozen orders can create a big pit. At this point, combined with the drawdown of liquidity from US Treasury yields, plus the ghost stories of Mentougou/government pumping money, the fuse is lit. The rest is just robots working: price triggers risk control -> robots mechanically dump -> triggers the next wave of liquidations -> continue dumping. This is a vicious cycle, an algorithmic fight, having nothing to do with faith. Before the crash, funding rates soared, indicating that long leverage was squeezed into a sardine can. This isn't a collapse; it's a forced market clearing after unplugging the internet. The painful truth is, once you've entered ETFs, you're within Wall Street's shooting range. Previously, playing with coins was a makeshift game of mutual destruction; now, you're using your hundreds of thousands of savings, with 100x leverage, to hard fight against sovereign funds and market makers with infinite firepower. This is no longer a decentralized world; this is Wall Street's liquidity backyard. Don't be fooled by Web3 freedom illusions—decentralization can protect your private keys, but it can't prevent your zeroed-out account under high leverage. In the face of absolute capital depth, so-called faith is just the most expensive weed in the scythe's harvest.