比特币“血崩”，全球加密货币市场超43.8万人爆仓

Core Insights - Bitcoin price has dropped below the critical support level of $100,000 for the first time since June, with a decline of over 18% in just one month, equating to a loss of more than $22,400 per Bitcoin [1][2] - The total market capitalization of Bitcoin has shrunk by over 2.62% in the same month, resulting in a loss of approximately $60 billion [1] - Other cryptocurrencies, such as Ethereum and XRP, have experienced even steeper declines, with Ethereum down over 29% and XRP down over 25% [1] Market Dynamics - The cryptocurrency market typically sees strong performance in the fourth quarter, but current market conditions raise questions about whether bullish sentiment can be restored by year-end [2] - A significant sell-off in the U.S. stock market has led to increased volatility, with over 438,000 liquidations in the cryptocurrency market amounting to $7.3 billion [2] - The recent downturn in Bitcoin's price represents a shift in market sentiment, influenced by macroeconomic factors such as U.S. tariff policies and inflation pressures, which have led to a flight to safer dollar assets [3][4] Investor Behavior - The massive liquidation event on October 11 has altered market sentiment towards cryptocurrencies, with many investors adopting a more cautious approach [5][6] - Institutional demand for Bitcoin has reportedly fallen below the rate of new coin mining, indicating a retreat from large buyers and a shift towards risk aversion [5][6] - The market is currently experiencing a trust crisis, with reduced trading activity and a shift in strategies towards defensive positions among institutional traders [6] Future Outlook - Key support levels for Bitcoin are critical, with analysts suggesting that maintaining a price above $98,000 is essential to avoid further declines into the $70,000-$90,000 range [7] - The market may face a prolonged period of consolidation, with the potential for recovery dependent on the restoration of investor confidence and capital flow [7] - Despite the current challenges, some analysts remain optimistic about Bitcoin's long-term performance, citing the ongoing interest from compliant institutions and the potential for a recovery in market dynamics [7]