Core Viewpoint - Bitcoin has experienced a significant drop, falling below $95,000, indicating a bearish trend in the cryptocurrency market [2][6]. Market Analysis - Bitcoin has faced substantial selling pressure and corporate hedging demands, leading to its correlation with traditional assets increasing, which contributed to the recent price decline [5]. - The cryptocurrency market is now confirmed to be in a bear market, with indicators suggesting that the current downtrend may not have reached its bottom yet [8]. - Historical data shows that Bitcoin has dropped below key price levels, and the current market sentiment is deteriorating, with a notable decrease in liquidity from stablecoins and ETFs [9]. Investor Behavior - There is a rising demand for put options with strike prices below $100,000, particularly around $90,000 and $95,000, indicating a shift towards hedging against further declines [8]. - Investors are advised to take profits before the market potentially enters a more severe downturn, as indicated by recent technical signals [9]. Impact on Notable Investors - The Trump family's wealth has significantly decreased due to the volatility in the cryptocurrency market, with their indirect holdings in Bitcoin and related companies losing substantial value since the peak in October [11][12]. - The value of Trump's indirect Bitcoin holdings has dropped from approximately $2 billion to around $1.3 billion, reflecting the broader market downturn [11].
直线跳水!
中国基金报·2025-11-16 06:43