According to @santimentfeed, its social sentiment ratio identified the four most negative days since March—April 5, June 21, August 23, and October 10—and BTC subsequently rose +26.5% in 19 days, +11.8% in 7 days, +11.3% in 48 days, and +5.5% in 3 days after each panic, source: Santiment, Oct 13, 2025. The latest negativity spike followed the US temporarily implementing 100% tariffs on China, which drove broad retail FUD across social media, source: Santiment, Oct 13, 2025. Santiment notes that extreme fear in this metric has aligned with buy signals while extreme greed has aligned with sell signals, with a live chart provided to track future shifts for BTC and altcoins, source: Santiment, Oct 13, 2025. Santiment also highlights that smart traders accumulated during these fear spikes while the crowd panicked, reinforcing a contrarian setup, source: Santiment, Oct 13, 2025.

According to The Kobeissi Letter, a trader described as a whale opened over $23 million in shorts on HyperLiquid at 4:49 PM ET, citing Coffeezilla as the origin of that trade detail (source: The Kobeissi Letter on X: https://x.com/KobeissiLetter/status/1977005754289996073). The Kobeissi Letter adds that one minute later President Trump announced 100% tariffs on China, which the post says coincided with the largest liquidation in crypto history (source: The Kobeissi Letter on X: https://x.com/KobeissiLetter/status/1977005754289996073). For trading decisions, the reported one-minute timeline underscores extreme headline risk and the need to manage leverage and exposure around policy announcements that can move crypto markets suddenly (source: analysis based on the event sequence reported by The Kobeissi Letter on X: https://x.com/KobeissiLetter/status/1977005754289996073). Traders monitoring HyperLiquid order flow, open interest, and liquidation prints may better assess if similar pre-announcement positioning occurs during future macro policy headlines (source: analysis grounded in the market structure context described by The Kobeissi Letter on X: https://x.com/KobeissiLetter/status/1977005754289996073).