[{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Bitcoin slid below $96,000, marking its lowest level in over six months and signalling a broad weakening in risk-assets. The drop has put it down nearly 24 % from its October peak, and the crypto market is now entering what many analysts are calling a bear phase. "}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Several driving factors:"}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Investor sentiment has soured as expectations of a December rate cut by the Federal Reserve have fallen, reducing support for riskier assets like Bitcoin. "}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Major outflows from spot Bitcoin ETFs — with close to $870 million reportedly pulled out in one day — highlight weakening institutional demand. "}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Long-term holders are selling more than usual (~815 000 BTC in the last 30 days) and liquidity in the market is thinner, amplifying moves downward. "}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"In short: Bitcoin’s strong run up to October appears to be facing a stall, and unless macro-conditions improve (like renewed rate-cut hopes, better liquidity or stronger institutional flows) the risk of further downside remains elevated. Investors/traders are being urged to wait for clearer levels before jumping back in. "}]}]