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[Analyst Says Current Bitcoin Sell-Off May Be a Mid-Cycle Correction in a Bull Market] Bitcoin fell below $95,000 multiple times on Friday, with a cumulative decline of 7.5% this week. An analyst pointed out that this round of sell-off might be a mid-cycle correction rather than the beginning of a full-blown bear market, as the current losses have not yet reached the level of 'capitulation selling.' The market uncertainty is related to changes in investors' expectations of Federal Reserve policy: traders now estimate a 56.4% probability of maintaining interest rates unchanged in December, whereas a month ago, the market believed the probability of a rate cut was as high as 94%.

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