Everyone panicked on October 10… but that’s just crypto being crypto.

everyone freaked out but this is textbook bull market behavior. in every bull run you get 2 to 4 major pullbacks, usually around 30 to 45%. what we saw wasn’t even close to that.

so yeah, it hurts. but it’s not unexpected. it’s not the end of the bull run, it’s part of it.

here’s what actually happened with the tariff stuff

on october 10, trump announced a new 100% tariff on chinese goods. markets freaked out instantly. bitcoin dropped about 8% to roughly $104,782 on oct 10. global stocks and tech megacaps lost over $770 billion in value that day. it triggered a broad sell off. traders rushed to de risk, and crypto saw huge liquidations… about $16 to $19 billion wiped out in the episode.

but this is the usual cycle. markets panic, then the fed steps in. if the sell-off continues, powell could cut rates to stabilize things. rate cuts mean more liquidity. liquidity pushes crypto back up. if trade tensions ease or central banks step in with liquidity, markets typically recover. that is the dynamic traders are watching.

the pullback is kind of an opportunity tbh

when people panic sell, that’s usually when you want to buy. panic selling never works long term. if you believed in crypto at $110k, you should love it more at $104k. same asset, cheaper price.

i’ve been holding since 2017. i’ve seen much worse. the people who actually made money weren’t the ones who panic traded… they were the ones who held through the scary dips and kept buying.

here’s the macro math bitcoin still moves with the global money supply. when liquidity expands, bitcoin rises. when it tightens, it drops. right now, governments can’t afford to tighten too hard without breaking something. so eventually, more liquidity will come… and that’s when crypto climbs back.

the big picture stays bullish. short term pain, long term trend intact.

don’t use leverage. seriously. that’s how people get wiped. buy dips only with what you can afford to lose.

every dip feels like the end when you’re in it. then six months later, you regret not buying more.