BTC Plummet Storm: Record High Daily Withdrawals from Spot ETF!

The Bitcoin market is intensifying its fluctuations, with the start of 2025 resembling a roller coaster! On January 8, the price of Bitcoin fell below the 100,000 mark, triggering panic in the market, leading to a massive outflow of $570 million from the spot Bitcoin ETF, setting a new record for the second-largest single-day withdrawal in the ETF's history.

ETF Disaster Area: Who are the Major Withdrawers?

• Fidelity Wise Origin Bitcoin Fund: Outflow of $259 million, becoming the biggest victim.

• BlackRock's IBIT: Single-day outflow of $124 million.

• ARKB: Outflow of $148 million, also suffering significant losses.

Despite the astonishing withdrawal figures, it is noteworthy that the market sentiment index remains in the 'greed' zone, indicating that the market has not fully fallen into panic, but is rather a preemptive reaction to the prospects of the Federal Reserve's interest rate hikes.

What’s next? Opportunity or risk?

With rising volatility, the market may have entered a higher uncertainty range. Traders warn: making decisions based on past trends could be the biggest risk! A short-term rebound may be on the horizon, but caution is needed for medium to long-term pressures.

Finding opportunities amid the fluctuations, follow me as we interpret every step of the market together and capture hidden opportunities!