#加密市场观察 “Death Spiral” continues to intensify! Bitcoin’s extreme bearishness once caused it to fall below 73,000, entering a bear market trading pattern?
(On February 4), Bitcoin hovered around $76,700 after a sharp decline yesterday, stabilizing broadly after a turbulent start, showing signs of a slight improvement in overall risk appetite, but traders remain cautious about the short-term trend direction.
Yesterday, Bitcoin briefly dropped 7% to $72,877, the lowest since November 6, 2024, then recovered some of the losses and is now back around $76,000. Year-to-date, Bitcoin has fallen near