币圈熊市来了？比特币跌破95000美元创六个月新低，ETF单日撤资达8.7亿美元

Core Viewpoint - The cryptocurrency market is experiencing significant sell-offs, particularly Bitcoin, which has dropped to its lowest level in over six months, driven by diminishing expectations of a Federal Reserve rate cut in December and increased risk aversion among investors [1][3]. Group 1: Bitcoin and Market Performance - Bitcoin fell to $94,978, marking its lowest point since May 7, and has declined nearly 24% from its peak in early October [1]. - Ethereum also saw a decrease of 1.5%, trading at $3,133.76 [1]. - Bitcoin ETFs experienced a net outflow of approximately $870 million, the second-largest single-day withdrawal since their inception [1]. - The Fear and Greed Index for the cryptocurrency market dropped to 15, the lowest level since February, indicating extreme fear among investors [1]. Group 2: Market Dynamics and Volatility - The sell-off in the cryptocurrency market is closely linked to other risk assets but is exacerbated by higher volatility, leading to larger declines [3]. - Market liquidity has tightened significantly, with market depth down about 30% from its peak earlier this year [3]. - The uncertainty surrounding the Federal Reserve's ability to justify recent rate cuts is putting additional pressure on high-risk market segments [3]. Group 3: Investor Sentiment and Strategies - Bitcoin has turned negative since the Trump presidency, and the overall cryptocurrency market has retraced its gains for the year [3]. - There is a growing demand for volatility strategies in the options market, with traders increasingly utilizing neutral strategies such as straddles and strangles [3].