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Meilin (美林 / 美琳)
⚡ Bitcoin dropped $2,400 in ONE hour, then clawed back 87% of it. Bottom, or bait? 👀
On Sunday it was the only big market open, so it took the hit alone.
Drop: ~$75.7K to ~$73.3K
Crypto longs wiped: $700M+ in about 20 minutes
Low: a hair above the 200-day average (~$73.2K)
Now: $75,397
The flush hit within an hour of Nvidia’s board announcing an investigation into CEO Jensen Huang.
