Recentlly saw a pretty outrageous statement: this wave of BTC decline is because the Prince Group's 120,000 coins were confiscated by the United States? Some even say the decentralization myth will be shattered and Bitcoin will go to zero?

I'm truly speechless. This logic is like saying that the supermarket shortage is because Old Wang next door bought two bags of rice.

If Bitcoin could really crash because of crackdowns on black markets, it should have collapsed back when Silk Road was shut down, right? The coins seized by the US, UK, and other countries over these years are not less than 8,000, and what happened? It still rose or kept rising. This is not about "money laundering channels being blocked" at all.

Basically, this round of sharp decline has only two reasons: global liquidity is tightening, and institutional funds are withdrawing. It's that simple.

Market volatility is normal, but don’t jump to conspiracy theories about everything. To analyze the market, you need to look at macro factors and capital flows, not just focus on a single event and imagine causal relationships.