Analysis: The full impact of the recent crypto market crash may take days or even weeks to fully emerge

BlockBeats News, October 12, according to Wallstreetcn, although the crypto market has begun to recover some of its losses after the weekend crash, the full impact of the event may take days or even weeks to fully emerge. Edward Chin, CEO of crypto hedge fund Parataxis, stated, "I suspect that in the coming days or weeks, we will hear news of some funds being liquidated or market makers suffering heavy losses." Currently, the market's focus has shifted to counterparty risk and whether the event will trigger broader contagion.

Caroline Mauron, co-founder of Orbit Markets, pointed out that the next major support level for bitcoin is at 100,000 USD, and a drop below this level "would mark the end of the past three-year bull cycle." Vincent Liu, Chief Investment Officer of Kronos Research, believes that this crash "was triggered by tariff concerns but fueled by excessive institutional leverage," highlighting the close connection between cryptocurrencies and the macroeconomy. He expects continued market volatility but suggests paying attention to rebound signals after the market clears out.