Bitcoin has fallen below $70,000, and the market is in the final stages of a bear market with fluctuations. On February 11, the current market is experiencing fluctuations in the final stages of a bear market, with the price of Bitcoin having dropped to around $67,000, liquidity is thin, and leverage has been significantly cleared. Despite the Bitcoin spot ETF seeing outflows of up to $2.9 billion within the first 12 trading days of the year, some institutional investors have still not been able to provide effective cushioning for the market decline. The news of Bitcoin falling below $70,000 surprised many, but it also provided institutional investors with an opportunity to buy at lower prices. DEF analysts expect Bitcoin's price to fluctuate around the current level, anticipating that it will continue to maintain a volatility range of about **15%** in the future. The current market's fluctuation period may be the end of the bear market, while some investors choose to enter at low levels, preparing for a future rebound. #美国零售数据逊预期 #美国科技基金净流 #易理华割肉清仓 #黄金白银反弹 #何时抄底？ $BTC $ETH $XRP