火星财经消息, 比特币价格于周二一度跌至 86000 美元左右，创下去年 11 月以来的最低水平，较 1 月历史高点下跌超过 20%。随着市场避险情绪升温，此前因特朗普上任而预期的加密货币大涨却未能实现。摩根大通的数据显示，加密货币 ETF 上周资金流出达 5.44 亿美元，表明市场悲观情绪正在蔓延。渣打银行数字资产研究主管 Geoff Kendrick 警告称：“不要急于抄底。比特币可能下探 80000 美元低点。90000 美元是比特币的关键支撑位，跌破这一水平可能导致这一全球最大加密货币进一步下跌。尽管比特币在特朗普政府支持加密货币的乐观情绪支撑下一直保持在 90000 美元以上，但随着总统承诺未能兑现以及宏观经济不确定性上升，加密货币的吸引力被削弱。”（thecryptobasic）

<div>火星财经消息, 比特币价格于周二一度跌至 86000 美元左右，创下去年 11 月以来的最低水平，较 1 月历史高点下跌超过 20%。随着市场避险情绪升温，此前因特朗普上任而预期的加密货币大涨却未能实现。摩根大通的数据显示，加密货币 ETF 上周资金流出达 5.44 亿美元，表明市场悲观情绪正在蔓延。渣打银行数字资产研究主管 Geoff Kendrick 警告称：“不要急于抄底。比特币可能下探 80000 美元低点。90000 美元是比特币的关键支撑位，跌破这一水平可能导致这一全球最大加密货币进一步下跌。尽管比特币在特朗普政府支持加密货币的乐观情绪支撑下一直保持在 90000 美元以上，但随着总统承诺未能兑现以及宏观经济不确定性上升，加密货币的吸引力被削弱。”（thecryptobasic）</div>

渣打：不要急于抄底，比特币可能下探80000美元低点

Here is the English translation, with the content within <> left untranslated:

The news from Mars Finance states that the price of Bitcoin fell to around $86,000 on Tuesday, reaching the lowest level since November last year, a drop of more than 20% from the historical high in January. As market risk aversion sentiment has intensified, the expected surge in cryptocurrencies due to Trump's inauguration has not materialized. Morgan Stanley's data shows that the cryptocurrency ETF saw an outflow of $544 million last week, indicating that the market's pessimistic sentiment is spreading. Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned, "Don't be in a hurry to <buy the dips>. Bitcoin may test the $80,000 low. $90,000 is a key support level for Bitcoin, and a break below this level could lead to further declines in this largest global cryptocurrency. Although Bitcoin has remained above $90,000 supported by the optimistic sentiment of the Trump administration's support for cryptocurrencies, its appeal has been weakened as the president's promises have not materialized and macroeconomic uncertainty has increased." (thecryptobasic)

Bitcoin price fell to around $86,000 on Tuesday, hitting the lowest level since November last year, down more than 20% from the historical high in January. As market risk aversion sentiment has intensified, the expected surge in cryptocurrencies due to Trump's inauguration has not materialized. Morgan Stanley's data shows that cryptocurrency ETFs saw $544 million in outflows last week, indicating that market pessimism is spreading. Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned, "Don't be in a hurry to <buy the dips>. Bitcoin may test the $80,000 low. $90,000 is a key support level for Bitcoin, and a break below this level could lead to further declines in the world's largest cryptocurrency. Although Bitcoin has remained above $90,000 supported by the optimistic sentiment of the Trump administration's support for cryptocurrencies, its appeal has been weakened by the unfulfilled presidential promises and rising macroeconomic uncertainties."

Standard Chartered: Don't rush to buy the dips, Bitcoin may drop to $80,000

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...