Th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&atilde; &#273;&#7889;i m&#7863;t v&#7899;i 1,1 t&#7927; USD b&#7883; thanh l&yacute; trong v&ograve;ng 24 gi&#7901; v&agrave;o ng&agrave;y 14/11/2025, trong &#273;&oacute; c&oacute; 968 tri&#7879;u USD t&#7915; c&aacute;c v&#7883; th&#7871; mua.
H&#417;n 246,000 nh&agrave; giao d&#7883;ch &#273;&atilde; b&#7883; bu&#7897;c ph&#7843;i r&#7901;i kh&#7887;i, kh&#417;i g&#7907;i l&#7841;i so s&aacute;nh v&#7899;i giai &#273;o&#7841;n t&#7889;i t&#259;m nh&#7845;t c&#7911;a s&#7921; s&#7909;p &#273;&#7893; FTX n&#259;m 2022.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-liquidation-wave-hits-major-crypto-exchanges">L&agrave;n s&oacute;ng thanh l&yacute; t&aacute;c &#273;&#7897;ng &#273;&#7871;n c&aacute;c s&agrave;n giao d&#7883;ch ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n</h2>

Trong kho&#7843;ng th&#7901;i gian 24 gi&#7901; g&#7847;n &#273;&acirc;y, 1,1 t&#7927; USD c&aacute;c v&#7883; th&#7871; &#273;&atilde; b&#7883; thanh l&yacute;, trong &#273;&oacute; c&aacute;c v&#7883; th&#7871; mua ch&#7883;u thi&#7879;t h&#7841;i 973 tri&#7879;u USD so v&#7899;i 131,37 tri&#7879;u USD cho c&aacute;c v&#7883; th&#7871; b&aacute;n.
V&#7909; thanh l&yacute; l&#7899;n nh&#7845;t l&agrave; m&#7897;t v&#7883; th&#7871; BTC-USDT tr&#7883; gi&aacute; 44,29 tri&#7879;u USD tr&ecirc;n HTX. Trong khung th&#7901;i gian b&#7889;n gi&#7901;, Hyperliquid &#273;&atilde; th&#7845;y 134,16 tri&#7879;u USD b&#7883; thanh l&yacute; t&#7915; c&aacute;c v&#7883; th&#7871; mua, v&#7899;i Bybit kh&ocirc;ng xa m&#7845;y &#7903; 122,57 tri&#7879;u USD.
<img style="height:400px;width:640px;" decoding="async" alt="Thanh l&yacute; ti&#7873;n &#273;i&#7879;n t&#7917; trong 24 gi&#7901; qua" class="wp-image-773296 lazy" loading="lazy" src="https://assets.beincrypto.com/img/k2HJyYbnhQqJ1KbW0d5C1c5FCOc=/smart/255e0afe8bdd458881871ccdda66ddc5">Thanh l&yacute; ti&#7873;n &#273;i&#7879;n t&#7917; trong 24 gi&#7901; qua. Ngu&#7891;n: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>

Thanh l&yacute; x&#7843;y ra khi c&aacute;c s&agrave;n giao d&#7883;ch &#273;&oacute;ng c&aacute;c giao d&#7883;ch c&oacute; &#273;&ograve;n b&#7849;y do k&yacute; qu&#7929; kh&ocirc;ng &#273;&#7911;. &#272;&ograve;n b&#7849;y cao d&#7851;n &#273;&#7871;n vi&#7879;c &#273;&oacute;ng t&#7921; &#273;&#7897;ng khi th&#7883; tr&#432;&#7901;ng c&oacute; s&#7921; thay &#273;&#7893;i &#273;&#7897;t ng&#7897;t, &#273;&#7863;c bi&#7879;t trong th&#7901;i k&#7923; bi&#7871;n &#273;&#7897;ng.
S&#7921; nghi&ecirc;ng v&#7873; ph&iacute;a thanh l&yacute; c&aacute;c v&#7883; th&#7871; mua ng&#7909; &yacute; r&#7857;ng nhi&#7873;u nh&agrave; giao d&#7883;ch &#273;&atilde; l&#7841;c quan v&#7873; h&#432;&#7899;ng gi&aacute; khi th&#7883; tr&#432;&#7901;ng quay &#273;&#7847;u.
Trong b&#7889;i c&#7843;nh &#273;&oacute;, t&acirc;m l&yacute; &#273;&atilde; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p g&#7907;i nh&#7899; &#273;&#7871;n ngay sau <a href="https://beincrypto.com/learn/ftx-collapse-explained" target="_blank" rel="noreferrer noopener">s&#7921; s&#7909;p &#273;&#7893; c&#7911;a FTX v&agrave;o th&aacute;ng 11/2022</a>.
D&ugrave; c&oacute; t&aacute;c &#273;&#7897;ng, s&#7921; c&#7889; n&agrave;y kh&ocirc;ng n&#7857;m trong s&#7889; m&#432;&#7901;i s&#7921; c&#7889; l&#7899;n &#273;&#432;&#7907;c ghi nh&#7853;n. K&#7927; l&#7909;c &#273;&#7913;ng &#7903; <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/">19,16 t&#7927; USD v&agrave;o th&aacute;ng 10/2025</a>, sau khi th&ocirc;ng b&aacute;o m&#7897;t m&#7913;c thu&#7871; c&#7911;a M&#7929;-Trung.
Trong khi &#273;&oacute;, c&aacute;c ch&#7881; b&aacute;o k&#7929; thu&#7853;t c&#7911;a Bitcoin <a href="https://vn.beincrypto.com/bitcoin-death-cross-in-48-hours/" target="_blank" rel="noreferrer noopener">&#273;&#432;a ra c&aacute;c d&#7845;u hi&#7879;u c&#7843;nh b&aacute;o</a>, d&#7851;n &#273;&#7871;n tranh lu&#7853;n li&#7879;u &#273;&acirc;y c&oacute; ph&#7843;i l&agrave; d&#7845;u hi&#7879;u b&#7855;t &#273;&#7847;u c&#7911;a m&#7897;t th&#7883; tr&#432;&#7901;ng g&#7845;u m&#7899;i hay ch&#7881; l&agrave; m&#7897;t s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh.
<h3 class="wp-block-heading" id="h-sentiment-plummets-to-ftx-era-lows">T&acirc;m l&yacute; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p th&#7901;i k&#7923; FTX</h3>

Nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng Negentropic <a href="https://x.com/Negentropic_/status/1989239837136703810" target="_blank" rel="noopener">&#273;&#432;a ra so s&aacute;nh s&#7855;c b&eacute;n</a> v&#7899;i cu&#7897;c kh&#7911;ng ho&#7843;ng FTX n&#259;m 2022 khi &#273;&aacute;nh gi&aacute; tri&#7875;n v&#7885;ng hi&#7879;n t&#7841;i. Ch&#7881; s&#7889; RSI c&#7911;a Bitcoin hi&#7879;n &#273;ang &#7903; v&ugrave;ng qu&aacute; b&aacute;n l&#7899;n, m&#7897;t &#273;i&#7873;u ki&#7879;n ch&#432;a t&#7915;ng th&#7845;y t&#7915; n&#259;m 2022.
L&#7847;n &#273;&#7847;u ti&ecirc;n sau ba n&#259;m, ti&#7873;n &#273;i&#7879;n t&#7917; ti&ecirc;n phong c&#361;ng &#273;&atilde; gi&#7843;m xu&#7889;ng d&#432;&#7899;i d&#7843;i bi&#7871;n &#273;&#7897;ng th&#7845;p nh&#7845;t c&#7911;a n&oacute;, b&aacute;o hi&#7879;u c&#259;ng th&#7859;ng nghi&ecirc;m tr&#7885;ng tr&ecirc;n th&#7883; tr&#432;&#7901;ng.
S&#7921; s&#7909;p &#273;&#7893; c&#7911;a FTX v&agrave;o th&aacute;ng 11/2022 &#273;&atilde; &#273;&aacute;nh d&#7845;u m&#7897;t th&#7901;i &#273;i&#7875;m b&#432;&#7899;c ngo&#7863;t cho ng&agrave;nh ti&#7873;n &#273;i&#7879;n t&#7917;, x&oacute;a s&#7841;ch h&agrave;ng t&#7927; gi&aacute; tr&#7883; th&#7883; tr&#432;&#7901;ng. Tin t&#7913;c v&#7873; t&igrave;nh h&igrave;nh t&agrave;i ch&iacute;nh c&#7911;a Alameda Research v&agrave; &#273;&#7897;ng th&aacute;i c&#7911;a CEO Binance Changpeng Zhao nh&#7857;m thanh l&yacute; n&#7855;m gi&#7919; FTT &#273;&atilde; k&iacute;ch ho&#7841;t m&#7897;t cu&#7897;c ch&#7841;y &#273;ua r&uacute;t ti&#7873;n v&agrave; cu&#7889;i c&ugrave;ng d&#7851;n &#273;&#7871;n vi&#7879;c ph&aacute; s&#7843;n c&#7911;a FTX, khi&#7871;n gi&aacute; Bitcoin gi&#7843;m m&#7841;nh khi ni&#7873;m tin bi&#7871;n m&#7845;t.
S&#7921; so s&aacute;nh n&agrave;y kh&ocirc;ng ch&#7881; l&agrave;m n&#7893;i b&#7853;t s&#7921; s&#7909;t gi&#7843;m gi&aacute; m&agrave; c&ograve;n cho th&#7845;y s&#7921; b&#7845;t &#7893;n s&acirc;u s&#7855;c trong s&#7889; nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng. T&iacute;nh thanh kho&#7843;n <a href="https://vn.beincrypto.com/crypto-market-drops-while-stablecoin-reserves-rise/" target="_blank" rel="noreferrer noopener">th&#7845;p h&#417;n tr&ecirc;n c&aacute;c s&agrave;n giao d&#7883;ch</a>, s&#7921; suy gi&#7843;m tham gia t&#7915; c&aacute;c nh&agrave; x&acirc;y d&#7921;ng c&oacute; kinh nghi&#7879;m, v&agrave; c&aacute;c c&acirc;u chuy&#7879;n thay &#273;&#7893;i nhanh ch&oacute;ng ph&#7843;n &aacute;nh t&igrave;nh
tr&#7841;ng l&#7897;n x&#7897;n sau nh&#7919;ng th&#7845;t b&#7841;i v&agrave;o n&#259;m 2022 c&#7911;a <a href="https://beincrypto.com/learn/top-crypto-bankruptcies" target="_blank" rel="noreferrer noopener">Luna, Three Arrows Capital, FTX, Genesis, v&agrave; BlockFi</a>.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-experts-offer-diverging-market-outlooks">C&aacute;c chuy&ecirc;n gia &#273;&#432;a ra d&#7921; &#273;o&aacute;n th&#7883; tr&#432;&#7901;ng kh&aacute;c nhau</h2>

D&ugrave; t&acirc;m l&yacute; ti&ecirc;u c&#7921;c, kh&ocirc;ng ph&#7843;i nh&agrave; ph&acirc;n t&iacute;ch n&agrave;o c&#361;ng coi t&igrave;nh h&igrave;nh l&agrave; th&#7843;m kh&#7889;c. CEO CryptoQuant Ki Young Ju <a href="https://x.com/ki_young_ju/status/1989218591137493414" target="_blank" rel="noopener">&#273;&atilde; v&#7841;ch ra m&#7897;t ng&#432;&#7905;ng quan tr&#7885;ng</a> &#273;&#7875; x&aacute;c nh&#7853;n m&#7897;t th&#7883; tr&#432;&#7901;ng g&#7845;u.
Theo quan &#273;i&#7875;m c&#7911;a &ocirc;ng, ng&#432;&#7901;i n&#7855;m gi&#7919; Bitcoin t&#7915; 6 &#273;&#7871;n 12 th&aacute;ng qua c&oacute; c&#417; s&#7903; gi&aacute; g&#7847;n 94,000 USD. Tr&#7915; khi gi&aacute; gi&#7843;m d&#432;&#7899;i m&#7913;c n&agrave;y, chu k&#7923; g&#7845;u s&#7869; kh&ocirc;ng &#273;&#432;&#7907;c x&aacute;c nh&#7853;n.
Quan &#273;i&#7875;m n&agrave;y l&agrave;m t&#259;ng th&ecirc;m s&#7855;c th&aacute;i cho <a href="https://vn.beincrypto.com/bitcoin-bear-market-signals-november/" target="_blank" rel="noreferrer noopener">cu&#7897;c tranh lu&#7853;n v&#7873; th&#7883; tr&#432;&#7901;ng g&#7845;u</a>. M&#7913;c h&#7895; tr&#7907; 94,000 USD l&agrave; c&#7843; m&#7897;t ng&#432;&#7905;ng t&acirc;m l&yacute; v&agrave; k&#7929; thu&#7853;t &#273;&#7889;i v&#7899;i nhi&#7873;u ng&#432;&#7901;i n&#7855;m gi&#7919;. Tr&#7915; khi m&#7913;c &#273;&oacute; b&#7883; ph&aacute; v&#7905;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng &#273;i&#7875;m y&#7871;u hi&#7879;n t&#7841;i c&oacute; th&#7875; ch&#7881; &#273;&#417;n gi&#7843;n l&agrave; m&#7897;t s&#7921; &#273;i&#7873;u ch&#7881;nh trong m&#7897;t giai &#273;o&#7841;n t&#259;ng tr&#432;&#7903;ng l&#7899;n h&#417;n.
Trong khi &#273;&oacute;, Haseeb Qureshi c&#7911;a DragonFly Capital &#273;&atilde; &#273;&#432;a ra m&#7897;t quan &#273;i&#7875;m tr&aacute;i ng&#432;&#7907;c, l&#7853;p lu&#7853;n r&#7857;ng th&#7883; tr&#432;&#7901;ng kh&ocirc;ng &#273;&#7889;i m&#7863;t v&#7899;i nh&#7919;ng th&#7845;t b&#7841;i h&#7879; th&#7889;ng nh&#432; n&#259;m 2022.
Kh&ocirc;ng gi&#7889;ng nh&#432; giai &#273;o&#7841;n c&aacute;c s&agrave;n giao d&#7883;ch &#273;&#7893; v&#7905; d&acirc;y chuy&#7873;n, c&aacute;c ng&acirc;n h&agrave;ng ph&aacute; s&#7843;n v&agrave; stablecoin b&#7883; m&#7845;t gi&aacute;, Qureshi cho r&#7857;ng hi&#7879;n t&#7841;i, c&aacute;c thi&#7879;t h&#7841;i ch&#7911; y&#7871;u &#273;&#7871;n t&#7915; <a href="https://vn.beincrypto.com/thi-truong-tien-dien-tu-17-6/" target="_blank" rel="noopener">gi&aacute; gi&#7843;m</a>.
Nh&#7919;ng &yacute; ki&#7871;n &#8203;&#8203;kh&aacute;c nhau t&#7915; c&aacute;c chuy&ecirc;n gia ph&#7843;n &aacute;nh s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n c&#7911;a th&#7883; tr&#432;&#7901;ng. Trong khi c&aacute;c ch&#7881; b&aacute;o v&agrave; t&acirc;m l&yacute; cho th&#7845;y s&#7921; c&#259;ng th&#7859;ng, c&#417; s&#7903; h&#7841; t&#7847;ng c&#7889;t l&otilde;i c&#7911;a ng&agrave;nh hi&#7879;n v&#7851;n m&#7841;nh h&#417;n so v&#7899;i c&aacute;c cu&#7897;c kh&#7911;ng ho&#7843;ng tr&#432;&#7899;c &#273;&oacute;.

Các nhà phân tích so sánh mức độ căng thẳng với thời kỳ FTX khi thanh lý tiền mã hóa vượt mức 1,1 tỷ USD

Th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&atilde; &#273;&#7889;i m&#7863;t v&#7899;i 1,1 t&#7927; USD b&#7883; thanh l&yacute; trong v&ograve;ng 24 gi&#7901; v&agrave;o ng&agrave;y 14/11/2025, trong &#273;&oacute; c&oacute; 968 tri&#7879;u USD t&#7915; c&aacute;c v&#7883; th&#7871; mua.
H&#417;n 246,000 nh&agrave; giao d&#7883;ch &#273;&atilde; b&#7883; bu&#7897;c ph&#7843;i r&#7901;i kh&#7887;i, kh&#417;i g&#7907;i l&#7841;i so s&aacute;nh v&#7899;i giai &#273;o&#7841;n t&#7889;i t&#259;m nh&#7845;t c&#7911;a s&#7921; s&#7909;p &#273;&#7893; FTX n&#259;m 2022.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-liquidation-wave-hits-major-crypto-exchanges">L&agrave;n s&oacute;ng thanh l&yacute; t&aacute;c &#273;&#7897;ng &#273;&#7871;n c&aacute;c s&agrave;n giao d&#7883;ch ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n</h2>

Trong kho&#7843;ng th&#7901;i gian 24 gi&#7901; g&#7847;n &#273;&acirc;y, 1,1 t&#7927; USD c&aacute;c v&#7883; th&#7871; &#273;&atilde; b&#7883; thanh l&yacute;, trong &#273;&oacute; c&aacute;c v&#7883; th&#7871; mua ch&#7883;u thi&#7879;t h&#7841;i 973 tri&#7879;u USD so v&#7899;i 131,37 tri&#7879;u USD cho c&aacute;c v&#7883; th&#7871; b&aacute;n.
V&#7909; thanh l&yacute; l&#7899;n nh&#7845;t l&agrave; m&#7897;t v&#7883; th&#7871; BTC-USDT tr&#7883; gi&aacute; 44,29 tri&#7879;u USD tr&ecirc;n HTX. Trong khung th&#7901;i gian b&#7889;n gi&#7901;, Hyperliquid &#273;&atilde; th&#7845;y 134,16 tri&#7879;u USD b&#7883; thanh l&yacute; t&#7915; c&aacute;c v&#7883; th&#7871; mua, v&#7899;i Bybit kh&ocirc;ng xa m&#7845;y &#7903; 122,57 tri&#7879;u USD.
<img style="height:400px;width:640px;"decoding="async" alt="Thanh l&yacute; ti&#7873;n &#273;i&#7879;n t&#7917; trong 24 gi&#7901; qua" class="wp-image-773296 lazy" loading="lazy" src="https://assets.beincrypto.com/img/k2HJyYbnhQqJ1KbW0d5C1c5FCOc=/smart/255e0afe8bdd458881871ccdda66ddc5">Thanh l&yacute; ti&#7873;n &#273;i&#7879;n t&#7917; trong 24 gi&#7901; qua. Ngu&#7891;n: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>

Thanh l&yacute; x&#7843;y ra khi c&aacute;c s&agrave;n giao d&#7883;ch &#273;&oacute;ng c&aacute;c giao d&#7883;ch c&oacute; &#273;&ograve;n b&#7849;y do k&yacute; qu&#7929; kh&ocirc;ng &#273;&#7911;. &#272;&ograve;n b&#7849;y cao d&#7851;n &#273;&#7871;n vi&#7879;c &#273;&oacute;ng t&#7921; &#273;&#7897;ng khi th&#7883; tr&#432;&#7901;ng c&oacute; s&#7921; thay &#273;&#7893;i &#273;&#7897;t ng&#7897;t, &#273;&#7863;c bi&#7879;t trong th&#7901;i k&#7923; bi&#7871;n &#273;&#7897;ng.
S&#7921; nghi&ecirc;ng v&#7873; ph&iacute;a thanh l&yacute; c&aacute;c v&#7883; th&#7871; mua ng&#7909; &yacute; r&#7857;ng nhi&#7873;u nh&agrave; giao d&#7883;ch &#273;&atilde; l&#7841;c quan v&#7873; h&#432;&#7899;ng gi&aacute; khi th&#7883; tr&#432;&#7901;ng quay &#273;&#7847;u.
Trong b&#7889;i c&#7843;nh &#273;&oacute;, t&acirc;m l&yacute; &#273;&atilde; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p g&#7907;i nh&#7899; &#273;&#7871;n ngay sau <a href="https://beincrypto.com/learn/ftx-collapse-explained" target="_blank" rel="noreferrer noopener">s&#7921; s&#7909;p &#273;&#7893; c&#7911;a FTX v&agrave;o th&aacute;ng 11/2022</a>.
D&ugrave; c&oacute; t&aacute;c &#273;&#7897;ng, s&#7921; c&#7889; n&agrave;y kh&ocirc;ng n&#7857;m trong s&#7889; m&#432;&#7901;i s&#7921; c&#7889; l&#7899;n &#273;&#432;&#7907;c ghi nh&#7853;n. K&#7927; l&#7909;c &#273;&#7913;ng &#7903; <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/">19,16 t&#7927; USD v&agrave;o th&aacute;ng 10/2025</a>, sau khi th&ocirc;ng b&aacute;o m&#7897;t m&#7913;c thu&#7871; c&#7911;a M&#7929;-Trung.
Trong khi &#273;&oacute;, c&aacute;c ch&#7881; b&aacute;o k&#7929; thu&#7853;t c&#7911;a Bitcoin <a href="https://vn.beincrypto.com/bitcoin-death-cross-in-48-hours/" target="_blank" rel="noreferrer noopener">&#273;&#432;a ra c&aacute;c d&#7845;u hi&#7879;u c&#7843;nh b&aacute;o</a>, d&#7851;n &#273;&#7871;n tranh lu&#7853;n li&#7879;u &#273;&acirc;y c&oacute; ph&#7843;i l&agrave; d&#7845;u hi&#7879;u b&#7855;t &#273;&#7847;u c&#7911;a m&#7897;t th&#7883; tr&#432;&#7901;ng g&#7845;u m&#7899;i hay ch&#7881; l&agrave; m&#7897;t s&#7921; &#273;i&#7873;u ch&#7881;nh m&#7841;nh.
<h3 class="wp-block-heading" id="h-sentiment-plummets-to-ftx-era-lows">T&acirc;m l&yacute; gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p th&#7901;i k&#7923; FTX</h3>

Nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng Negentropic <a href="https://x.com/Negentropic_/status/1989239837136703810" target="_blank" rel="noopener">&#273;&#432;a ra so s&aacute;nh s&#7855;c b&eacute;n</a> v&#7899;i cu&#7897;c kh&#7911;ng ho&#7843;ng FTX n&#259;m 2022 khi &#273;&aacute;nh gi&aacute; tri&#7875;n v&#7885;ng hi&#7879;n t&#7841;i. Ch&#7881; s&#7889; RSI c&#7911;a Bitcoin hi&#7879;n &#273;ang &#7903; v&ugrave;ng qu&aacute; b&aacute;n l&#7899;n, m&#7897;t &#273;i&#7873;u ki&#7879;n ch&#432;a t&#7915;ng th&#7845;y t&#7915; n&#259;m 2022.
L&#7847;n &#273;&#7847;u ti&ecirc;n sau ba n&#259;m, ti&#7873;n &#273;i&#7879;n t&#7917; ti&ecirc;n phong c&#361;ng &#273;&atilde; gi&#7843;m xu&#7889;ng d&#432;&#7899;i d&#7843;i bi&#7871;n &#273;&#7897;ng th&#7845;p nh&#7845;t c&#7911;a n&oacute;, b&aacute;o hi&#7879;u c&#259;ng th&#7859;ng nghi&ecirc;m tr&#7885;ng tr&ecirc;n th&#7883; tr&#432;&#7901;ng.
S&#7921; s&#7909;p &#273;&#7893; c&#7911;a FTX v&agrave;o th&aacute;ng 11/2022 &#273;&atilde; &#273;&aacute;nh d&#7845;u m&#7897;t th&#7901;i &#273;i&#7875;m b&#432;&#7899;c ngo&#7863;t cho ng&agrave;nh ti&#7873;n &#273;i&#7879;n t&#7917;, x&oacute;a s&#7841;ch h&agrave;ng t&#7927; gi&aacute; tr&#7883; th&#7883; tr&#432;&#7901;ng. Tin t&#7913;c v&#7873; t&igrave;nh h&igrave;nh t&agrave;i ch&iacute;nh c&#7911;a Alameda Research v&agrave; &#273;&#7897;ng th&aacute;i c&#7911;a CEO Binance Changpeng Zhao nh&#7857;m thanh l&yacute; n&#7855;m gi&#7919; FTT &#273;&atilde; k&iacute;ch ho&#7841;t m&#7897;t cu&#7897;c ch&#7841;y &#273;ua r&uacute;t ti&#7873;n v&agrave; cu&#7889;i c&ugrave;ng d&#7851;n &#273;&#7871;n vi&#7879;c ph&aacute; s&#7843;n c&#7911;a FTX, khi&#7871;n gi&aacute; Bitcoin gi&#7843;m m&#7841;nh khi ni&#7873;m tin bi&#7871;n m&#7845;t.
S&#7921; so s&aacute;nh n&agrave;y kh&ocirc;ng ch&#7881; l&agrave;m n&#7893;i b&#7853;t s&#7921; s&#7909;t gi&#7843;m gi&aacute; m&agrave; c&ograve;n cho th&#7845;y s&#7921; b&#7845;t &#7893;n s&acirc;u s&#7855;c trong s&#7889; nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng. T&iacute;nh thanh kho&#7843;n <a href="https://vn.beincrypto.com/crypto-market-drops-while-stablecoin-reserves-rise/" target="_blank" rel="noreferrer noopener">th&#7845;p h&#417;n tr&ecirc;n c&aacute;c s&agrave;n giao d&#7883;ch</a>, s&#7921; suy gi&#7843;m tham gia t&#7915; c&aacute;c nh&agrave; x&acirc;y d&#7921;ng c&oacute; kinh nghi&#7879;m, v&agrave; c&aacute;c c&acirc;u chuy&#7879;n thay &#273;&#7893;i nhanh ch&oacute;ng ph&#7843;n &aacute;nh t&igrave;nh
tr&#7841;ng l&#7897;n x&#7897;n sau nh&#7919;ng th&#7845;t b&#7841;i v&agrave;o n&#259;m 2022 c&#7911;a <a href="https://beincrypto.com/learn/top-crypto-bankruptcies" target="_blank" rel="noreferrer noopener">Luna, Three Arrows Capital, FTX, Genesis, v&agrave; BlockFi</a>.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-experts-offer-diverging-market-outlooks">C&aacute;c chuy&ecirc;n gia &#273;&#432;a ra d&#7921; &#273;o&aacute;n th&#7883; tr&#432;&#7901;ng kh&aacute;c nhau</h2>

D&ugrave; t&acirc;m l&yacute; ti&ecirc;u c&#7921;c, kh&ocirc;ng ph&#7843;i nh&agrave; ph&acirc;n t&iacute;ch n&agrave;o c&#361;ng coi t&igrave;nh h&igrave;nh l&agrave; th&#7843;m kh&#7889;c. CEO CryptoQuant Ki Young Ju <a href="https://x.com/ki_young_ju/status/1989218591137493414" target="_blank" rel="noopener">&#273;&atilde; v&#7841;ch ra m&#7897;t ng&#432;&#7905;ng quan tr&#7885;ng</a> &#273;&#7875; x&aacute;c nh&#7853;n m&#7897;t th&#7883; tr&#432;&#7901;ng g&#7845;u.
Theo quan &#273;i&#7875;m c&#7911;a &ocirc;ng, ng&#432;&#7901;i n&#7855;m gi&#7919; Bitcoin t&#7915; 6 &#273;&#7871;n 12 th&aacute;ng qua c&oacute; c&#417; s&#7903; gi&aacute; g&#7847;n 94,000 USD. Tr&#7915; khi gi&aacute; gi&#7843;m d&#432;&#7899;i m&#7913;c n&agrave;y, chu k&#7923; g&#7845;u s&#7869; kh&ocirc;ng &#273;&#432;&#7907;c x&aacute;c nh&#7853;n.
Quan &#273;i&#7875;m n&agrave;y l&agrave;m t&#259;ng th&ecirc;m s&#7855;c th&aacute;i cho <a href="https://vn.beincrypto.com/bitcoin-bear-market-signals-november/" target="_blank" rel="noreferrer noopener">cu&#7897;c tranh lu&#7853;n v&#7873; th&#7883; tr&#432;&#7901;ng g&#7845;u</a>. M&#7913;c h&#7895; tr&#7907; 94,000 USD l&agrave; c&#7843; m&#7897;t ng&#432;&#7905;ng t&acirc;m l&yacute; v&agrave; k&#7929; thu&#7853;t &#273;&#7889;i v&#7899;i nhi&#7873;u ng&#432;&#7901;i n&#7855;m gi&#7919;. Tr&#7915; khi m&#7913;c &#273;&oacute; b&#7883; ph&aacute; v&#7905;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng &#273;i&#7875;m y&#7871;u hi&#7879;n t&#7841;i c&oacute; th&#7875; ch&#7881; &#273;&#417;n gi&#7843;n l&agrave; m&#7897;t s&#7921; &#273;i&#7873;u ch&#7881;nh trong m&#7897;t giai &#273;o&#7841;n t&#259;ng tr&#432;&#7903;ng l&#7899;n h&#417;n.
Trong khi &#273;&oacute;, Haseeb Qureshi c&#7911;a DragonFly Capital &#273;&atilde; &#273;&#432;a ra m&#7897;t quan &#273;i&#7875;m tr&aacute;i ng&#432;&#7907;c, l&#7853;p lu&#7853;n r&#7857;ng th&#7883; tr&#432;&#7901;ng kh&ocirc;ng &#273;&#7889;i m&#7863;t v&#7899;i nh&#7919;ng th&#7845;t b&#7841;i h&#7879; th&#7889;ng nh&#432; n&#259;m 2022.
Kh&ocirc;ng gi&#7889;ng nh&#432; giai &#273;o&#7841;n c&aacute;c s&agrave;n giao d&#7883;ch &#273;&#7893; v&#7905; d&acirc;y chuy&#7873;n, c&aacute;c ng&acirc;n h&agrave;ng ph&aacute; s&#7843;n v&agrave; stablecoin b&#7883; m&#7845;t gi&aacute;, Qureshi cho r&#7857;ng hi&#7879;n t&#7841;i, c&aacute;c thi&#7879;t h&#7841;i ch&#7911; y&#7871;u &#273;&#7871;n t&#7915; <a href="https://vn.beincrypto.com/thi-truong-tien-dien-tu-17-6/" target="_blank" rel="noopener">gi&aacute; gi&#7843;m</a>.
Nh&#7919;ng &yacute; ki&#7871;n &#8203;&#8203;kh&aacute;c nhau t&#7915; c&aacute;c chuy&ecirc;n gia ph&#7843;n &aacute;nh s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n c&#7911;a th&#7883; tr&#432;&#7901;ng. Trong khi c&aacute;c ch&#7881; b&aacute;o v&agrave; t&acirc;m l&yacute; cho th&#7845;y s&#7921; c&#259;ng th&#7859;ng, c&#417; s&#7903; h&#7841; t&#7847;ng c&#7889;t l&otilde;i c&#7911;a ng&agrave;nh hi&#7879;n v&#7851;n m&#7841;nh h&#417;n so v&#7899;i c&aacute;c cu&#7897;c kh&#7911;ng ho&#7843;ng tr&#432;&#7899;c &#273;&oacute;.