According to @MilkRoadDaily, the total crypto market cap fell from $4.26T to $3.24T in one session, described as one of the largest single-day drawdowns on record; source: @MilkRoadDaily, X post dated Oct 11, 2025. According to @MilkRoadDaily, despite the $1.02T decline, total market cap is still holding near levels that did not exist six months ago, signaling that the broader uptrend context remains intact from the author's perspective; source: @MilkRoadDaily, X post dated Oct 11, 2025. According to @MilkRoadDaily, the move is characterized as a gift rather than an end, implying a dip-buying bias; traders can anchor plans around the author-cited $3.24T area as the immediate line to gauge whether risk stabilizes for BTC, ETH, and major altcoins; source: @MilkRoadDaily, X post dated Oct 11, 2025.