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Today, March 20th, Friday—The Gates of Hell Have Opened
By the time you're reading this article, several trillion dollars are disappearing simultaneously.
Not metaphorically.
Literally.
Today is March 20th, Friday.
Not just any Friday.
It's "Quadruple Witching Day."
Stock index futures, stock index options, individual stock options, individual stock futures.
Four major contracts, same moment, all expiring, all settling.
Trillions of dollars in derivatives positions are being force-liquidated, rolled over, and delivered within this single hour.
Institutions forced to reposition, hedge funds desperately posting margin, market makers frantically balancing books.
Liquidity instantly drained.
Prices spike and crash violently.
Both longs and shorts are bleeding.
This is Wall Street's "ghost festival."
And today's ghost festival is hitting an even more volatile backdrop—
Oil is still hovering at $120.
Gold crashed to 4500 and hasn't recovered.
VIX panic index at 35, highest of the year.
Bitcoin just broke below 69000 last night, standing on the cliff's edge.
Today, it's not a question of "will there be volatility."
It's a question of "can you survive."
I know what you're thinking: 4.7 trillion last year, what about this year?
Last March, 4.7 trillion dollars expired.
That was the highest trading volume day for the S&P 500 all year.
This year's exact number? Not released yet.
But guess if it'll be less than last year?
The Fed just finished hiking rates. Inflation just picked up. The Middle East just started a war—
At this moment, hedge positions only increase, never decrease.
Several trillion dollars can't escape.
Just a matter of more or even more.
Bitcoin's "Quadruple Witch Day Curse" is manifesting
I pulled data from the past year.
One painful pattern:
March 21, 2025: Bitcoin slightly down, then drops to 76000 weeks later.
June 20, 2025: Down 1.5%, hits bottom at 98000 two days later.
September 19, 2025: Down 1%, crashes from 177000 to 108000 a week later.
December 19, 2025: Up 3%, but still in major correction.
Get it?
On quadruple witch days themselves, often quiet.
The real bloodbath comes days or weeks after.
Not coincidence.
It's the market's "delayed reaction mechanism."
Institutions are too busy repositioning, liquidating, hedging today to make moves.
Once dust settles, positions repositioned—
Time to push down what needs pushing, pump what needs pumping.
That's when real direction emerges.
And historical data shows:
Post-quadruple witch days, Bitcoin likely trends downward.
Right now, three demonic details are fermenting
First, the Middle East is at war.
Iran tensions escalate, energy infrastructure bombed.
Oil at 120, inflation expectations resurging.
What does the Fed do?
Rate cuts? Don't even dream.
Possibly more hikes.
This is devastating for all risk assets.
Stocks, gold, Bitcoin—
Nobody escapes.
Second, VIX just exploded.
Panic index at 15, highest of the year.
What does this mean?
Means the market is terrified.
Means institutions are hedging frantically.
Means any market tremor gets amplified tenfold.
And today, that's the "tremor."
Third, Bitcoin broke 69000 last night.
This level is too delicate.
Upside, 75000 is the iron ceiling, hasn't broken in six months.
Downside, 60000 is support, breaking it gets ugly.
Today's volatility likely determines direction.
More terrifying than a crash is "boiling the frog slowly"
Someone asked me earlier: Should I run now?
I said: You decide.
But I'm telling you one painful truth:
After every quadruple witch day in 2025, Bitcoin declined.
Not on the same day.
Slow decline over following days and weeks.
More terrifying than a crash is "boiling the frog slowly."
You see today down 1%, think it's fine.
Tomorrow down 2%, figure you can handle it.
Day after down 3%, start panicking.
By the time you want to escape—
It's already gone.
Right now, I'm watching three signals
First, watch gold.
Gold at 4500, still falling.
If gold keeps dropping, capital is fleeing all "non-yielding assets."
Bitcoin can't escape.
Second, watch oil.
If oil surges past 130—
Inflation explodes, Fed hawks speak—
All risk assets die.
Third, watch VIX.
If panic index keeps rising, institutions still escaping.
Don't catch falling knives.
Finally, some real talk
I know what you're thinking right now:
Should I buy the dip?
Should I flee?
Should I short and gamble direction?
My advice: Do nothing.
Today is not a day to open positions.
Today is not a day to gamble direction.
Today is a day to survive.
Wait for today to pass.
Wait for next week's 1.35 billion crypto options expiry.
Wait for dust to settle, direction to clarify.
Those who live longer aren't the fastest runners—
They're the ones who know when not to move.
Share this with that friend still debating whether to do anything.
Tell them: Today, don't move. #加密行情震荡 $BTC