接盘侠越来越少 比特币坠入熊市! ETF撤资近9亿美元 创有史以来第二大流出规模

Core Viewpoint - The recent wave of risk aversion in global financial markets has led to significant declines in high-valuation U.S. tech stocks and risk assets like Bitcoin, with nearly $900 million withdrawn from Bitcoin ETFs, causing Bitcoin to drop below $100,000 and enter a bear market [1][2]. Group 1: Bitcoin Market Dynamics - Bitcoin ETFs have seen substantial outflows, with approximately $870 million in net withdrawals, marking the second-largest single-day redemption since their inception in January 2024 [2][5]. - The decline in Bitcoin's price is attributed to a lack of "blind speculative investors," leading to a collapse in demand as the market struggles to find buyers [1]. - Bitcoin's price fell by as much as 2.8%, settling around $97,070, which is over 20% lower than its historical peak earlier in October [1]. Group 2: Market Conditions and Economic Data - The cryptocurrency market is under pressure following a significant liquidation event of $19 billion on October 10, erasing over $1 trillion from the total market cap [2]. - The U.S. stock market briefly rebounded due to the end of a prolonged government shutdown but quickly fell back, with Bitcoin and tech stocks showing similar downward trends during risk-off periods [5]. - Concerns are rising regarding the upcoming economic data releases, which could further exacerbate the sell-off in risk assets, including cryptocurrencies [5]. Group 3: Market Liquidity and Volatility - Liquidity in the cryptocurrency market has tightened significantly, with market depth decreasing by approximately 30% from its peak earlier this year [5]. - The demand for neutral hedging options strategies, such as strangles and straddles, is increasing among traders focused on cryptocurrencies, indicating expectations of heightened volatility [8].