Ansem: The fact that BTC dropped only about 2% after the $6 billion hack does not indicate that the downward trend has ended.

Ansem cited the liquidation event on October 10, 2025, as an example, noting that at the time altcoins plummeted within a single candlestick, while BTC held above $100,000 for several weeks, only making a noticeably lower low until November. He believes the smaller immediate drop in BTC is due to fewer high-leverage participants and more passive selling pressure, which does not signal that the downward trend will not continue.