Today, the Crypto Assets market once again staged a thrilling drama, with multiple factors jointly triggering a large-scale dumping wave, leading to a severe fall in the market.

The main triggering factors for this market turmoil include: first, Trump announced that he would impose a 100% tariff on Chinese goods starting from November 1, reigniting the trade war; second, the USDE project triggered a chain liquidation due to excessive revolving loan leverage; finally, the US stock market experienced its largest single-day fall since April, further intensifying the panic in the Crypto Assets market.

Data shows that the losses caused by this market adjustment are quite severe. The long positions' liquidation amount reached as high as 16.8 billion USD, while the total liquidation amount reached an astonishing 19.27 billion USD. It is estimated that about 1.6 million investors suffered heavy losses in just one day.

The sudden fall in the market caught many investors off guard, and even some experienced traders found it hard to escape unscathed. In the face of such severe market volatility, even seasoned investors struggle to accurately predict the bottom position.

This incident once again highlights the high-risk characteristics of the Crypto Assets market, while also reflecting the profound impact of the uncertainty in the global economic environment on the digital asset market. Investors need to remain vigilant at all times and manage risks appropriately to cope with potential market volatility.