🚨The bloodbath is coming! The five major cryptocurrencies all plummeted over the past 24 hours. This time, it's different! As a seasoned investment advisor, I must tell you that today's market performance deserves our close attention. 📊 24-hour trading volume is brutal, as evidenced by the data. The crypto market has experienced a comprehensive correction, impacting all five major cryptocurrencies: Bitcoin (BTC) is currently trading at $117,684, down 1.36% over the past 24 hours, with a trading volume of $43.4 billion. Ethereum (ETH) is currently trading at $3,753.59, down 2.67%, with a trading volume of nearly $40 billion. Binance Coin (BNB) is currently trading at $821.83, down 2.97%, with a trading volume of $2.9 billion. Ripple (XRP) is currently trading at $3.11, down 4.42%, with a trading volume of $7.6 billion. Cardano (ADA) is currently trading at $0.78, down 5.99%, with a trading volume of $1.57 billion. The data shows that ADA and XRP have seen the most significant declines. While BTC's decline has been relatively small, its massive trading volume of $43.4 billion highlights the intense market competition. Institutional capital flows are diverging. Notably, World Liberty Financial significantly increased its holdings by 3,473 ETH, valued at nearly $13 million, on July 22nd, staking them in DeFi protocols. However, market data shows that ETF funds experienced a net outflow of $358 million on May 30th. This divergence in institutional sentiment has exacerbated market uncertainty. Selling Pressure from Ancient Whales Even more worryingly, since July 15th, a single ancient whale has sold approximately 68,000 BTC, representing 85% of its holdings. This massive sell-off has directly exerted downward pressure on the market. 🌊 Market Sentiment: A Rational Pullback Amidst Greed Looking back at Bitcoin's halving cycles, each one has experienced a mid-term correction of 30-40%. After the 2020 halving, Bitcoin reached an all-time high of $66,953 in November 2021; in the current cycle, Bitcoin has already reached a new high of $112,000 in May. According to historical rules, the current adjustment may be a preparation for a bigger breakthrough. 🎯 Data-driven investment decisions For investors who pursue accurate data and professional analysis, it is crucial to choose a reliable information platform. Mlion.ai can integrate global cryptocurrency data in real time and provide in-depth market analysis and investment advice. Such tools are becoming a must-have for professional investors.