Core Viewpoint - The cryptocurrency market is experiencing significant declines, with Bitcoin dropping below $103,000 and a total of 150,000 liquidations occurring, amounting to $506 million in losses [2][8]. Market Performance - Bitcoin fell to $103,094, down 2.8% in 24 hours, with a market cap of approximately $67.93 billion [7]. - Ethereum also declined, trading at $3,430, down 3.98%, with a market cap of around $38.72 billion [4][7]. - Other cryptocurrencies such as Solana, Dogecoin, and XRP saw declines exceeding 5% [6]. Liquidation Data - In the past 24 hours, nearly 150,000 traders were liquidated, with long positions accounting for $380 million and short positions for $120 million [8]. - The largest single liquidation occurred during this period, contributing to the overall market turmoil [8]. Selling Pressure - Recent weeks have seen Bitcoin prices remain below $110,000, causing significant pressure on short-term holders who are forced to sell at losses [9]. - Analysts noted that this is one of the most intense sell-off waves since 2025, driven by forced liquidations and panic selling [9]. Market Outlook - There is a divergence in market opinions regarding Bitcoin's future, with some analysts suggesting that selling pressure is easing and early signs of a bull market reversal are emerging [9]. - Others believe that the rapid decline in November was driven by profit-taking, macroeconomic uncertainties, and institutional rebalancing rather than a fundamental collapse [10]. - Glassnode indicates that Bitcoin's upward potential appears "limited," with a cautious but positive market sentiment and signs of a potential local bottom forming around the $100,000 mark [10].
全线暴跌!15万人爆仓!
中国基金报·2025-11-12 00:55