Bitcoin hits 6-month low as AI fears add to risk-off mood: How are pro traders positioned?

The recent decline in Bitcoin's price to a six-month low is indicative of a broader risk-off mood in the market, exacerbated by weakness in the AI sector. This downturn aligns with trends observed in related articles, which highlight how spot BTC ETF outflows and isolated selling have intensified selling pressure. Professional traders are adjusting their positions in response to these market dynamics, indicating a cautious approach as they navigate the current volatility. The interconnectedness of the AI sector's performance and cryptocurrency markets underscores the complex landscape that traders must consider.