Montier _ Macro and Markets

Bitcoin just hit $59,100.

351,233 traders wiped out in 24 hours.
$1.75 billion liquidated.
More than half of ALL Bitcoin now sits at a loss.

This is the worst week of 2026.
And most people still don't understand what happened.

A thread. 🧵👇

#Bitcoin #BTC #CryptoMarket #BinanceSquare #BitcoinDropsBelow$60KWorstWeekSinceJuly2024 #USJobsReportDoublesForecasts

Everyone is panicking about Bitcoin.

I'm watching something else entirely.

While BTC dropped 20% this week —
Solana ETFs kept recording inflows.

Let that sink in.

The same week Bitcoin collapsed:
→ SOL ETFs: positive flows
→ HYPE: still holding near ATH
→ On-chain stablecoin activity: expanding

The market isn't dying.
It's rotating — again.

This is the pattern:
BTC leads down → alts follow → strong narratives decouple → new leaders emerge

In 2022, ETH decoupled 6 months before BTC bottomed.
In 2024, SOL decoupled 3 months before the bull run.

Something is decoupling right now.

The question isn't whether BTC recovers.
The question is: what leads the next cycle?

Which asset are you watching most closely right now?

#Solana #SOL #Bitcoin #BTC #CryptoMarket #Altcoins #BinanceSquare #CryptoNarrative

Bitcoin lost $14,000 in 5 days.
Here are the 5 dominoes that fell — in order.

1️⃣ ETF outflows hit $4.37B in 13 days
→ Institutional selling pressure built slowly

2️⃣ Leverage piled in as price dropped
→ Traders bought the dip with borrowed money

3️⃣ Jobs report: 172K jobs vs 85K expected
→ Rate cut hopes evaporated instantly

4️⃣ BTC broke $60K support
→ $155M liquidated in 60 minutes

5️⃣ Long-term holders hit post-FTX loss levels
→ 5.3M BTC now underwater

Each domino knocked over the next.

This is how bear markets accelerate —
not with one crash, but with a chain of events
that each seem "manageable" until they aren't.

The $60K level is now resistance.
The next major support: $56,712.

One more macro shock could get us there.

Are you prepared for $56K?

#Bitcoin #BTC #CryptoMarket #BearMarket #BinanceSquare #MacroCrypto

Nobody is talking about what just happened with Bitcoin ETFs.

For 13 straight days: outflows.
$4.37 billion drained.

Then yesterday —

$3 million in net INFLOWS.

The streak just ended.

One day. Tiny amount. But the direction flipped.

Why does this matter?

Because every major BTC recovery in 2024 and 2025
started with exactly this signal:

ETF outflows stop → smart money re-enters quietly →
price stabilizes → retail notices too late.

Is this the same setup?

The macro is still ugly:
→ Jobs report came in hot
→ Fed rate hike probability hit 52%
→ BNP Paribas forecasts 3 hikes by year-end

But the ETF signal just changed.

When data conflicts like this —
that's exactly when the biggest moves happen.

Watching closely.

Bull or Bear right now?

#Bitcoin #BTC #ETF #CryptoMarket #BinanceSquare #SmartMoney

Short-term Bitcoin holders are now realizing losses
at the biggest level in history.

Let that sink in.

Not 2022. Not COVID. Not FTX.

RIGHT NOW. June 2026.

The data:

→ Short-term holder realized P&L ratio: new all-time LOW
→ Long-term holders: 5.3 million BTC underwater
→ That's MORE than post-FTX levels
→ More than COVID crash levels

BTC is down 53% from its October 2025 peak.
Down 30% year-to-date.
Down 20% in ONE week.

$2.5 trillion erased from crypto since October.

And yet —

On-chain metrics are showing something unusual.

The percentage of BTC holders in profit just hit a long-term trendline
that has marked major cycle lows in every previous drawdown.

Every. Single. One.

Two possibilities exist right now:

📗 This trendline holds again → historic buying opportunity
📕 This time is different → more pain ahead

History says buy.
Macro says wait.

Which one do you trust?

#Bitcoin #BTC #CryptoMarket #OnChain #BinanceSquare #MacroCrypto

Bitcoin just touched $59,743.
$1.57 billion liquidated in hours.
And it all started with one report.

The US economy added 172,000 jobs in May.
Expectations? 85,000.

Double the forecast.

That one number just destroyed:
→ $1.28 billion in long positions
→ 20% of BTC's value in 5 days
→ $200 billion from the crypto market cap
→ Every rate cut hope for 2026

Here's what happened in real time:

Jobs report drops at 8:30 AM.
BTC was at $61,884.
By the afternoon: $59,743.
$155 million liquidated in a single hour.

The market isn't trading crypto anymore.
It's trading Fed policy.

And the Fed just got a reason to stay hawkish.

BNP Paribas now forecasts THREE rate hikes before year-end.
Polymarket: 52% chance of a rate increase in 2026.

This isn't a dip.
This is a macro repricing.

The question every holder needs to answer today:

Are you positioned for a world where rates go UP — not down?

Drop your number. Where does BTC bottom?

#Bitcoin #BTC #JobsReport #CryptoMarket #BinanceSquare #BitcoinDropsBelow$60KWorstWeekSinceJuly2024 #MacroCrypto #USJobsReportDoublesForecasts

$4.4 billion left Bitcoin ETFs in 13 days.
Nobody is asking the right question.

Everyone is talking about what left.
Nobody is asking where it went.

The numbers:

→ 13 consecutive days of BTC ETF outflows
→ $4.4 billion withdrawn since May 15
→ BlackRock's iShares took the biggest hit
→ ETH ETFs lost another $712M in 3 weeks
→ Total crypto ETF AUM dropped from $104B to $94B

That's not panic selling.
That's rotation.

The S&P 500 gained 4% while Bitcoin dropped 13%.
AI stocks are hitting all-time highs.
The SpaceX IPO roadshow already started.

Institutions aren't leaving markets.
They're leaving crypto specifically.

When smart money rotates out this quietly —
retail usually finds out too late.

The question isn't when BTC recovers.
The question is what brings the money back.

What catalyst brings institutions back into crypto? Drop your take 👇

#Bitcoin #BTC #ETF #CryptoMarket #Institutions #MacroCrypto #BinanceSquare

Saylor just sold Bitcoin for the first time in 4 years.
The amount? $2.5 million.
The signal? Priceless.

For four years, one rule defined Strategy:

Buy Bitcoin. Hold Bitcoin. Never sell.

Last week, that changed.

Michael Saylor's firm sold 32 BTC for $2.5 million.
On a treasury of 843,706 BTC — that's 0.004%.

Mathematically irrelevant.
Psychologically massive.

Here's why it matters:

→ Strategy officially abandoned the "never sell" narrative
→ The sale funded dividend payments on preferred stock
→ They're now managing BTC like a balance sheet asset — not a religion

The market didn't care about the amount.
The market cared about what it meant.

That's how sentiment works.
That's how cycles end.

One small sale. One narrative shift.
Watch what happens next.

Is this the beginning of institutional distribution — or just routine treasury management?

#Bitcoin #BTC #Strategy #MicroStrategy #Saylor #CryptoMarket #BinanceSquare

Bitcoin just had its worst week since February.
And most people are focused on the wrong thing.

Bitcoin just had its worst week since February.
ETFs bled $2.97 billion in 10 consecutive days.
3 red monthly candles in 2026.
Fear & Greed sitting at 23.
But here's what nobody wants to talk about 👇

#Bitcoin #BTC #CryptoMarket #BinanceSquare #Altcoins #Fed #MacroCrypto #HYPE #Solana #CryptoThread