This wave of fall is certainly not any policy Unfavourable Information, the market was good at that time, the trend of U.S. stocks was normal, and last night BTCETF also saw a net inflow of 480 million funds, of which Market Maker BlackRock contributed nearly 400 million, ETH's ETF fund inflow is also 150 million, in short, the data on the capital side is enough to support BTC to fluctuate around 10w, the key is that the US stock market has not fallen much tonight, the market continues to probe, so the reason for the fall is not here; macro, the probability of CME's latest interest rate cut in December has risen to close to 90%, and if the CPI data is not particularly bad tomorrow night, the interest rate cut in December is a certainty, and this is not Unfavourable Information； I took a closer look at the time of the fall at around 12 o'clock, and at that time the market did release a very hidden news, that is, the CEO of Google announced that Google's latest Quantum Computing chip, Willow, achieved amazing results in the benchmark test: a standard calculation was completed in less than 5 minutes, and this requires more than 10^25 years of top supercomputing - longer than the age of the universe! Then Musk and openai's altman both expressed their amazement and congratulations on this, and then the currency market collapsed, BTC took a group of altcoins all the way down, and why so many people reported positions, According to statistics from some websites, the number of people who reported on the whole network exceeded 572,000, which was 5 times more than the 100,000 people who reported 312 warehouses in 2020, and the amount of 24-hour warehouses also hit a record of 1.75 billion, which is actually easier to explain, precisely because there were no fundamental and financial unfavorable factors last night, and even Russian parliamentarians proposed a strategic reserve BTC, and the micro-strategy increased the position of 2.1 billion to buy 21,550 BTC again, And Trump's second son commented on encryption that rationalized regulation will make the United States the capital of encryption, and even yesterday afternoon's moderately loose monetary policy in China is also conducive to encryption, in short, in the context of so many Favourable Information superimposed, and Yue Friends relaxed their vigilance, and felt very relieved to open a long order overnight, This led to the tragedy of such a high amount of declarations.