比特币跌破9万美元！加密货币全网超17万人爆仓，67亿元化为乌有，发生了什么？

Core Viewpoint - Bitcoin has experienced a significant decline, dropping below $90,000, erasing all gains for 2025, indicating a bearish trend in the cryptocurrency market [1]. Group 1: Market Performance - As of the latest report, Bitcoin is priced at $90,722.9, with a 24-hour decline of 4.99% and a 7-day decline of 15.42% [2][3]. - Ethereum and Cardano have also seen declines exceeding 5%, while Dogecoin has dropped by 4.56% [3]. - The total market capitalization of Bitcoin is approximately $1.80 trillion, with a 24-hour trading volume of $101.35 billion [2]. Group 2: Liquidation and Market Sentiment - Over the past 24 hours, 176,721 traders have been liquidated, with a total liquidation amount of $947 million (approximately 6.7 billion yuan) [2]. - The market is currently experiencing a "confirmed bear market phase," driven by new risk-averse sentiments and sell-offs in tech stocks [4]. - Analysts have noted that the withdrawal of large investment funds and ETF allocations has weakened Bitcoin's support, contributing to the current market vulnerability [4]. Group 3: ETF and Institutional Investment - Bitcoin ETFs have seen a net outflow of $311.3 million over four days, marking the longest consecutive outflow since March 14, with a total outflow of $2.6 billion over the past five weeks [5]. - The recent market correction coincides with increased global market volatility, as traders reassess the likelihood of recent interest rate cuts by the Federal Reserve [5]. Group 4: Options Market - Options traders are betting on further declines in Bitcoin, with a dominant demand for put options at strike prices of $85,000 and $80,000 [6]. - The withdrawal of institutional support and the shift in market sentiment towards a defensive stance have accelerated the exit of external liquidity from the cryptocurrency market [6].