全球市场资金大撤离，黄金、白银、原油、币圈、美股全线下挫

Core Viewpoint - The global financial markets are experiencing a significant capital withdrawal, leading to substantial declines in major indices and commodities [5][11]. Market Performance - Major US stock indices fell sharply, with the Dow Jones down approximately 600 points and the Nasdaq declining nearly 2% [6][11]. - Precious metals also faced severe losses, with spot silver plunging over 20% and gold dropping more than 4% [6][11]. - International oil prices saw significant declines, with WTI crude futures down 2.84% to $63.29 per barrel and Brent crude down 2.75% to $67.55 [6][11]. Cryptocurrency Market - Bitcoin experienced a drastic drop of over 13% in a single day, while Ethereum fell by more than 23% [6][11]. - Over the past 24 hours, more than 430,000 individuals in the cryptocurrency market faced liquidation [6][11]. - Since reaching a historical peak of $126,000 in October, Bitcoin's price has plummeted over 48%, with its total market capitalization shrinking from $2.48 trillion to $1.27 trillion [12]. Fund Flows and Investor Sentiment - Data indicates a shift in market sentiment, with Bitcoin ETFs recording a net inflow of approximately $562 million on Monday, followed by over $800 million in outflows in the subsequent two trading days [12]. - A report from CryptoQuant highlighted that US ETFs, which were significant buyers of Bitcoin last year, have now turned into net sellers [12]. Economic Outlook - Citigroup downgraded its rating on US stocks from "overweight" to "neutral," anticipating more negative economic data in the next 3-6 months and noting that the market remains relatively expensive with a trend of declining EPS expectations [7][12]. - In contrast, BlackRock expressed disagreement with the market's recession fears, citing a strong labor market and robust corporate earnings [7][12]. - Dan Morehead, founder of Pantera Capital, commented on the impact of leverage in declining markets, noting that the scale of capital evaporation in the downturn on October 10 last year was significantly greater than that in November 2022 [7].