比特币遭血洗，超40万人爆仓！

Core Viewpoint - Bitcoin has experienced a significant decline of 12%, reaching a 16-month low, driven by a global sell-off of risk assets, leading to a loss of confidence in the market [2] Group 1: Market Dynamics - The current market is undergoing a "crisis of confidence," with the loss of the $70,000 psychological level potentially triggering larger sell-offs [2] - Bitcoin has dropped over 48% since its peak in October last year, currently hovering around the price levels of October 2024, with total market capitalization shrinking from $2.48 trillion to $1.27 trillion [2] - In the past 24 hours, the liquidation of long positions across various tokens reached $1.703 billion, affecting over 400,000 traders [4][5] Group 2: Psychological and Political Factors - The $70,000 price point holds significant political and psychological importance, marking the starting point of the cryptocurrency surge following Trump's victory [6] - Analysts suggest that if Bitcoin fails to maintain the $72,000 level, it could drop to $68,000 or even lower, reflecting extreme market fear [6] Group 3: Institutional Behavior - Following a net inflow of approximately $562 million into ETFs, over $800 million has flowed out in the subsequent two trading days, indicating a shift in institutional sentiment [8] - The recent appointment of a hawkish figure to the Federal Reserve has exacerbated selling pressure, with Bitcoin experiencing its largest single-day drop since January 2018 [9]