Somewhere on a dusty veranda—perhaps the one where hopes gather like forgotten rubles—our old friend Bitcoin, admired by dreamers and gamblers alike, collapsed gracelessly to an undignified $101,000 today. If you listen closely, you might hear the collective weep of the speculators, for whom life’s meaning was recently measured in Satoshis.
As of these lines, the battered coin has staggered back above $102,000, clinging to dignity like an aging actor to a tattered playbill. Meanwhile, market “analysts” (known locally as “professional guessers with graphs”) can be seen somberly consulting tea leaves and last week’s horoscopes, seeking the mythical bottom—presumably somewhere beneath the floorboards.

If you glance at the 1-hour chart—and let’s be honest, who isn’t—waves of red descend like Russian winter upon Napoleon. Five days of dashed expectations, each high lower than my uncle Vasily on payday, and each low marking another opportunity to reconsider one’s life choices.
Coinglass whispers further tales of woe: $700 million wiped away in one day, as if the hand of fate was bored and swept the chips from the casino table. Most of these liquidations were long positions, their optimism not unlike that of a romantic awaiting a reply from a cold lover—gone without a trace, and slightly embarrassing to all involved.

The so-called “heatmap” below is really a study in melancholy. Apart from LEO—which, inexplicably, refuses to join its colleagues in the mud—every top altcoin has tumbled. The entire market is as cheerful as a Russian train station at midnight, with each coin racing for the basement.

And so we watch, and we wait, perhaps with a half-empty glass of vodka, perhaps with a skeptical smirk. For if there’s one thing to be learned from the crypto winter, it’s this: tomorrow may be colder, but at least it won’t be boring.
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2025-06-22 07:01