According to @BullTheoryio, the crypto market experienced what they describe as the largest liquidation event on record on October 10, with nearly $20B in positions wiped out in less than 24 hours, highlighting a regime shift in market structure (source: @BullTheoryio). They add that aggregating data from October 1 to the present further underscores a post-October 10 behavioral change, indicating traders should reassess leverage exposure and liquidation risk as conditions evolve (source: @BullTheoryio).

According to @ag_dwf, the crypto market has lost roughly $1.2 trillion in capitalization since Oct 10, indicating a regime shift rather than a routine drawdown. Source: @ag_dwf. He argues that all-time-high and historical performance metrics are now unreliable because prior asset pricing was incorrect, suggesting ATH-reversion strategies may underperform in the next recovery wave. Source: @ag_dwf. Trading takeaway: prioritize research on new recovery leaders driven by fresh fundamentals and flows instead of past cycle winners, and reduce reliance on ATH anchors in risk models. Source: @ag_dwf.

According to André Dragosch, PhD (@Andre_Dragosch), the market is undergoing a significant regime shift as of May 29, 2025, as illustrated by his recent data chart (source: Twitter). This transition marks a change in market dynamics and volatility, which is critical for cryptocurrency traders evaluating risk exposure and portfolio allocation. Traders should closely monitor this shift for potential impacts on Bitcoin and altcoin price trends, as market regime changes often precede major directional moves and volatility spikes, providing new opportunities for both short-term and long-term trading strategies (source: Twitter/@Andre_Dragosch).