Analysis: The impact of the crypto market "10.11 flash crash" may take several days or even weeks to fully manifest.

Odaily News “10.11 flash crash” After the event, the crypto market has begun to recover some ground, but the full impact of the incident may take days or even weeks to fully manifest. Several industry insiders have expressed their views: 1. Edward Chin, CEO of crypto hedge fund Parataxis, expressed doubts that we will hear news of some funds getting liquidated or market makers suffering heavy losses in the coming days or weeks. 2. Caroline Mauron, co-founder of Orbit Markets, pointed out that Bitcoin's next major support level is at $100,000, and falling below this level would mark the end of the bull run cycle of the past three years. 3. Vincent Liu, Chief Investment Officer of Kronos Research, believes that this big dump was triggered by tariff concerns but exacerbated by institutional over-leveraging, highlighting the close connection between crypto assets and the macro economy. (Wall Street Insight)