Group 1 - Bitcoin is facing its worst week since early March, with a market value loss of approximately $300 billion and a price drop of 6.2%, falling below the $100,000 mark for the first time since June [1] - Market sentiment has reversed since early October, when Bitcoin reached an all-time high driven by leveraged trading, but a $19 billion liquidation of crypto leverage positions has not restored confidence [1] - Galaxy Digital has revised its annual Bitcoin price forecast from $185,000 to $120,000 due to a significant reduction in leverage [1] Group 2 - Bitcoin has broken below its 365-day moving average (approximately $102,000), which has historically acted as a key support level, indicating a potential for significant price correction [2] - If Bitcoin fails to quickly reclaim the 365-day moving average, it may trigger further price declines [2] Group 3 - Despite a decline in tech stocks due to concerns over AI valuations, Bitcoin has not seen a similar buying response, remaining nearly 20% below its peak [5] - The open interest in Bitcoin futures has decreased by over $25 billion since its peak in October, reflecting investors' reluctance to increase bullish positions [5] - The correlation between Bitcoin and risk assets remains strong, with Bitcoin continuing to decline alongside other risk assets [5] Group 4 - Recent outflows from U.S. spot Bitcoin ETFs, totaling over $2 billion over six consecutive trading days, indicate a cautious attitude among institutional investors amid tight funding and ongoing policy uncertainty [8] - This trend of sustained selling reflects a focus on capital safety among U.S. institutional investors [8]
跌去3000亿美元市值后,比特币还未见底?多个看跌信号仍闪烁!
智通财经网·2025-11-06 12:44