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# Bloodbath Crash! BTC Pierces 68,000 Level, 200,000 Traders Liquidated Overnight, Where Is the Market Heading?
Over the past 24 hours, Middle East geopolitical conflict suddenly escalated, with a 48-hour ultimatum triggering a global risk-aversion frenzy, and the crypto market suffered indiscriminate devastation. Total network liquidations reached $555 million, with over 200,000 accounts wiped out instantly—an epic horror night.
**Yi Lihua Made a Heavy Statement:** The current Middle East standoff cycle far exceeds expectations; the only main line for global assets right now is risk hedging and defense. He admitted that his previous rebound forecast was reversed, and he immediately went flat to observe after triggering risk controls and stop losses—showcasing top-tier trading thinking. Currently, market liquidity has shrunk dramatically, major funds are completely dormant across the board, and trying to bottom-fish against the trend is equivalent to actively handing over your position.
Extreme panic often breeds reversal opportunities, but it is absolutely not the time for blind bottom-fishing. One must strictly control position size now, preserve ammunition, and wait for right-side confirmation signals to appear before taking action.
Want to precisely capture the bottom-fishing turning point after this round of washout? Follow Jingyi—real-time daily analysis of news catalysts and release of precise entry points, don't miss any key offensive waves!
#Gate13周年全球庆典