A Complete Collapse! US Stocks – Gold – Silver – Bitcoin All Plunge: How Long Will This “Black Swan” Last?

Friday the 13th

With only four trading days left before the 2026 Lunar New Year, the global financial markets experienced a true “Black Friday.”

The Nasdaq fell nearly 3%, gold and silver – two traditional safe-haven assets – unexpectedly plummeted, and Bitcoin broke through several key support levels with a drop of over 5% in the session. All risky assets were sold off massively, creating a rare “sell everything for cash” scenario. BTC is currently trading around $66,468, down 0.92% in the last 24 hours (updated data).

What happened?

The direct cause stemmed from two simultaneous shocks:

US inflation data (CPI) was better than expected but trended towards a “recovery” (i.e., inflation higher than market expectations).

Fed officials repeatedly sent hawkish signals, causing investors to worry that interest rates would remain high for longer.

The result: the US stock market plummeted, dragging down all risky assets. Gold and silver lost their safe-haven status, and Bitcoin lost its title as “digital gold.” Large institutions rushed to liquidate positions before the long Lunar New Year holiday, resulting in extremely thin buying liquidity and a strong long squeeze (forcing long-term margin investors to sell at a loss).

Signs of a “bottom is near” despite the surface panic

Despite the feeling that the market is “shattered,” deeper data reveals rare positive signals:

On-chain : Within 4 hours of the crash, whales holding 100–1,000 BTC not only didn’t sell but also bought a net 2,300 BTC. This is clear accumulation by “smart money.”

Technical indicators: The daily RSI reached the oversold zone of 25 – a level that accurately predicted strong rallies over the past 6 months.

Options market: Despite retail investors complaining on social media, the volume of call options for the end-of-February (after the Lunar New Year) period surged, and implied volatility (IV) jumped. Large funds are quietly betting on a strong rebound after the holiday.

Trading Guide During This Period

Trader commented:

“BTC is being dragged down by the general trend of the global financial market. This is a short-term bear market. The number one priority is capital preservation, reducing trading frequency, and absolutely avoiding frequent counter-trend trading.” Current reasonable strategy:

Reduce leverage, narrow positions.

Only hold coins with strong fundamentals and where whale capital is accumulating.

Prepare funds to buy dips if on-chain signals and options continue to confirm.

Conclusion: How long will this “black swan” last?

From a data perspective, this is not the beginning of a long-term bear market, but rather a strong liquidity cleanup before the Lunar New Year – typical of years with major Chinese holidays.

Whale accumulation signs + oversold RSI + option money betting on a recovery after the Lunar New Year holiday suggest a high probability this event will end quickly within the next 1-2 weeks, as money flows back in after the holiday.

The market is currently in a “sell out of fear, buy out of reason” phase.

Stay calm, protect your capital, and be ready for a strong recovery after the 2026 Lunar New Year. What are you doing right now: holding, cash, or looking for buying opportunities? Comment below!