Crypto100w

BTC Yearly Trend Turns Bearish + $19B Liquidation: How the “Macro Thunder” of 2025 Crashed the Crypto Market (In-Depth Explanation)
October Hits Record High → Tariff/Export Control News → Chain Liquidations (> $19 billion) → Yearly Trend Turns Bearish (First time since 2022).
Disclaimer: This article is for informational and risk education purposes only and does not constitute investment advice.
5-Sentence Summary
In 2025, Bitcoin’s yearly trend turned bearish, widely interpreted as “BTC behaving more like a macro risk asset” rather than an independent market.
BTC hit a record high of over $126,000 in October but subsequently retraced significantly.
Around October 10–11, the market triggered a “liquidation waterfall” under low liquidity, with total liquidations exceeding $19 billion, setting a new record.
One direct trigger was macro policy shocks such as tariffs and export controls, causing market sentiment to switch from “optimistic” to “panicked” within hours.
This is not a “project explosion,” but a structural chain reaction caused by leverage + liquidity + exchange risk control rules under pressure.

End of Year: Why Is BTC More Prone to "Whipsaws"? A Chart Explains the Three Forces (And How You Should Respond)
Every year-end, you’ll more frequently see these scenes:
No big news, but BTC can suddenly spike or drop by 1%–3%
Repeated "false breakouts/false breakdowns" near key round numbers
More "instant surges and drops" during the night or weekends
A quick spike hits stop-losses, then the price returns as if nothing happened
This isn’t mysticism; it’s more about the market structure becoming more “fragile” at year-end. You can think of BTC at year-end as: narrower roads, fewer cars, but sharper brakes.
Below, using “one chart + three forces” to explain: why is year-end more prone to whipsaws, and how can ordinary investors reduce risk without predicting the market direction.
One chart: The three forces behind year-end volatility (core logic)
Year-end BTC more whipsaw
▲
│
┌────────────┼────────────┐
│ │ │
Liquidity thins Derivatives more sensitive Rebalancing/Emotion amplification
(Road narrows)

Binance BTC/USD1 Flash Crash to $24,000 and Instant Recovery: What Exactly Happened?
Last night/today, you might have seen a screenshot of “BTC dropping to 24,000”: a needle directly stabbing the floor, then bouncing back to over 80,000 in the next second.
Let's put the conclusion upfront: this is not a total market crash of Bitcoin, but rather an extreme “flash wick” occurrence on a relatively obscure trading pair on Binance — BTC/USD1. It resembles a liquidity incident — but for some traders, it could still be a “real loss” incident.
In this episode, we’ll explain thoroughly: why did such an outrageous price of 24,000 appear? Why did it only happen to BTC/USD1? Who might be hurt? How can ordinary people protect themselves?

JPMorgan Institutional Trading of Encryption Assets: This is not a "transformation", but a signal that Wall Street is entering the second half.
Key signal: JPMorgan has been reported to be evaluating the provision of encryption asset trading services for institutional clients (possibly covering spot and derivatives), still in the early research phase, ultimately depending on client demand and compliance implementation.
Many people's first reaction to this news is: "Hasn't Dimon always criticized Bitcoin? Why is he suddenly getting involved?"
But if you put it into the framework of "How Wall Street Makes Money," you'll find that this is more like a business inevitability rather than an attitude reversal.
I will explain this matter thoroughly using the five segments: "What happened → Why now → What can be done → What it means for the market → What signals you should pay attention to."