Analysis of the October 11 Black Swan Event: A Comprehensive Review of the “Pinning Night” in the Crypto Market

Charts appeared as if pierced by a needle. On the night of October 11, a piece of macroeconomic bad news triggered a massive reaction across the entire crypto market. Prices plummeted, systems lagged, algorithms froze, and altcoins collapsed—all occurring almost simultaneously. It was dubbed “Pinning Night” because the market curve resembled an electrocardiogram pierced by … Read more