🚨THREAD: CRYPTO IS DUMPING HARD… BUT THE REAL QUESTION IS: 👉 Is this just panic selling, or the start of something much bigger? 🧵 Let’s break down the 3 silent forces pulling every market down, not just crypto.

1/ Japan Yield Shock ✓ Japan’s 10Y bond yield just hit levels not seen since 2008 ✓ Higher yield = money becomes expensive ✓ Investors who borrowed ultra-cheap Yen for years are now forced to close positions ✓ That means mass selling across crypto, equities, and even gold ✓ This is not a crypto issue, it’s a global de-leveraging

2/ Epstein File Vote Today • US House is voting today at 1:30 PM ET to release Epstein documents • Markets expect the reveal to include extremely powerful names • When high-level uncertainty rises, markets go risk-off • Fear + Political tension = asset sell-off • Institutions hate chaos more than bad news

3/ Liquidity Still Locked → Yes, govt shutdown is over → But the US Treasury hasn’t started releasing liquidity from its account (TGA) → That means no fresh capital injection into markets → After nearly 6 weeks of liquidity freeze, the pain continues → Risk assets like BTC and stocks are feeling the squeeze

4/ Historical Bottom Pattern Here’s how bottoms happened in past cycles: ➤ Bitcoin drops first, hardest ➤ Stocks & gold follow later ➤ Bitcoin usually finds bottom earlier ➤ BTC recovers first, becomes early strength signal ➤ Other markets catch up, full recovery begins

5/ Where Are We Now? • Panic is rising • Liquidity is tight • Forced selling is happening • Fear is loud, smart money is quiet 👉 We are likely between the panic phase and the bottom formation stage. Stay alert. Market bottoms aren’t comfortable they are painful opportunities.

💬 What do YOU think are we near a macro bottom or just getting started? If this thread helped you understand the bigger picture: 🔁 Repost | ❤️ Like | 👥 Follow for more macro 💬 Comment your thoughts, I’m reading every reply!