Group 1 - The cryptocurrency market is experiencing a significant downturn, with Bitcoin dropping below $103,000 and Ethereum falling below $3,410, leading to over 150,000 liquidations totaling $506 million in the past 24 hours [1] - The recent sell-off is attributed to short-term holders facing pressure as Bitcoin prices remain below the average cost of $110,000, prompting increased selling activity [1] - Analysts indicate that this sell-off is one of the most intense since 2025, suggesting forced liquidations or panic selling due to leveraged positions [1] Group 2 - Some analysts believe that the rapid decline in Bitcoin's price in November is driven by profit-taking, macroeconomic uncertainty, and institutional rebalancing rather than a fundamental collapse [2] - Despite bearish technical indicators and ETF outflows, structural bull market support remains from ETF inflows, infrastructure investments, and clearer regulatory policies [2] - Blockchain data analysis platform Glassnode suggests that Bitcoin's upside potential is limited, indicating a critical turning point with cautious but improving market conditions [2]
全线暴跌！15万人爆仓！
Zhong Guo Ji Jin Bao·2025-11-12 01:05