Market Overview - The cryptocurrency market experienced a significant downturn, with Bitcoin dropping by $3,000 to $107,500, and Ethereum falling over 5% below $3,900 [2][3] - Other cryptocurrencies such as BNB, Solana, and Cardano also saw declines, with many dropping over 4% [3] - A warning from Elliott Wave Theory analyst Jon Glover indicated that Bitcoin may enter a bear market, potentially falling to $70,000 or lower [2][5] Liquidation Data - According to Coinglass, over $401 million in cryptocurrency contracts were liquidated within 24 hours, affecting more than 122,000 traders, with 60% being long positions [3][4] - The largest single liquidation occurred in Hyperliquid-ETH-USD, valued at approximately $6.3666 million [3][4] Global Market Impact - Following a historical high, both the Japanese and South Korean stock markets also experienced a sharp decline, with the Nikkei 225 index turning negative after a gain of over 1.5% [2] - The South Korean Composite Index's gains narrowed to 0.2% after previously rising over 2% [2] Shift to Safe-Haven Assets - Amid global trade tensions, investors are shifting towards traditional safe-haven assets like gold, which has seen a significant price increase [4][5] - Analysts noted that Bitcoin is viewed as a risk asset, contrasting with gold's stability during market uncertainties [5] Bitcoin Market Analysis - Jon Glover's analysis suggests that the recent Bitcoin bull market, which peaked at $126,000, has ended, with a potential drop to the $70,000-$80,000 range expected [5][6] - Historical patterns indicate that Bitcoin typically enters a bear market approximately 18 months after halving events, with the next halving scheduled for April 2024 [6] Regulatory Developments in Japan - The Japanese Financial Services Agency is considering allowing banks to hold and trade cryptocurrencies, marking a significant shift from its previous conservative stance [7][8] - This proposed framework would enable banks to trade digital assets similarly to stocks and bonds, with risk management measures in place to ensure financial stability [7]
多个市场突然跳水!发生了什么?
Zheng Quan Shi Bao Wang·2025-10-21 07:21