Bitcoin Spot ETFs See $869M Outflow, Second-Largest on Record

Greeks.live macro analyst Adam stated that 41,000 BTC options expire today, with a Put Call Ratio of 0.61, a maximum pain point of $105,000, and a nominal value of $3.95 billion; 228,000 ETH options expire today, with a Put Call Ratio of 0.59, a maximum pain point of $3,475, and a nominal value of $730 million.

[ECB Governing Council Member Kazaks Says Interest Rates Will Be Adjusted Based on Circumstances] ECB Governing Council Member Kazaks stated that if circumstances change, the European Central Bank will adjust interest rates.

[ECB Governing Council Member Kazaks Says Inflation Target Achieved] ECB Governing Council Member Kazaks stated that the European Central Bank has achieved its inflation target.

[ETH and SOL Prices Fall Below the Purchase Cost of Leading Treasury Companies, BMNR Faces Unrealized Losses Exceeding $2.8 Billion] Data from November 14 shows the cost distribution of holdings by leading cryptocurrency treasury companies as follows: Strategy holds 641,700 BTC at an average price of $74,085, with an unrealized gain of 31.67%; Bitmine holds 3,505,000 ETH at an average price of $4,020, with an unrealized loss of 20.14%; Forward Industries holds 6,871,600 SOL at an average price of $232.08, with an unrealized loss of 38.53%.

[Matrixport: Bitcoin May Be at a Key Turning Point in a Micro Bear Market] Matrixport stated that Bitcoin's price movement exhibits characteristics similar to historical 'small bear market' phases, suggesting the market may have entered a micro bear market environment. ETF inflows have slowed, with both early and long-term funds reducing positions, and there is a short-term lack of new macro catalysts. The future trend largely depends on the Federal Reserve's policy stance. The current market is at a critical turning point, with key structural price levels and macro conditions set to determine whether the trend continues downward or enters a bottoming phase.