Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Analysis: Three Major Structural Factors Amplify the Current Bitcoin Downtrend

Analysis: Three Major Structural Factors Amplify the Current Bitcoin Downtrend

Odaily星球日报Odaily星球日报2026/02/09 12:14
Show original

According to Odaily, Bitcoin has recently experienced a sharp sell-off, retreating more than 50% from its historical high of approximately $126,200 in October 2025. Analysts believe that three major structural factors have amplified this round of decline:

1. Some opinions suggest that Asian capital may have triggered this round of sell-off by borrowing low-cost yen and establishing highly leveraged long positions in Bitcoin ETF-related options and crypto assets. When Bitcoin stopped rising and financing costs increased, this triggered margin calls and passive selling, exacerbating the market downturn;

2. Some banks may have been forced to sell assets due to risk hedging of Bitcoin structured products, creating a "negative Gamma" effect and amplifying the downward momentum;

3. Some mining companies are shifting to AI data center businesses while selling Bitcoin assets, leading to structural changes in the Bitcoin mining industry. (Cointelegraph)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US steps up pressure! Nearly 90% of economists bet the Bank of Japan will raise interest rates to 1.25% on Friday

Amid inflation and U.S. pressure, nearly 90% of experts expect the Bank of Japan to hike interest rates by 25 basis points to 1.25% this Friday, further increasing volatility in the yen exchange rate.

智通财经2026/09/16 03:31
US steps up pressure! Nearly 90% of economists bet the Bank of Japan will raise interest rates to 1.25% on Friday

Evercore ISI reaffirms “Outperform” rating on Netflix (NFLX.US), optimistic about live sports broadcasts and short videos as blockbuster growth engines

Evercore ISI has raised the price target for the streaming platform Netflix (NFLX.US) from $100 to $110 and reiterated its "outperform" rating.

智通财经2026/09/16 03:31
Evercore ISI reaffirms “Outperform” rating on Netflix (NFLX.US), optimistic about live sports broadcasts and short videos as blockbuster growth engines

$44.8 million per shipment! The cost of transporting US crude oil to Asia hits a record high

As Middle Eastern supply disruptions intensify and buyers scramble to secure energy sources, the cost of shipping U.S. crude oil to Asia has soared to a new record.

智通财经2026/09/16 03:11
$44.8 million per shipment! The cost of transporting US crude oil to Asia hits a record high