Many people are asking: when exactly will this bear market end?
No one can give an accurate answer right now, but based on a few key indicators in the market, the bear market hasn’t finished yet.
The Bitcoin premium index has been negative for 46 consecutive days, indicating that U.S. institutional buy-side demand has remained weak and there hasn’t been any clear return of funds.
Spot ETFs have continued to see net outflows, and institutions overall remain cautious rather than aggressively buying the dip.
Meanwhile, MicroStrategy sold BTC earlier and rolled out a BTC liquidation/monetization plan, which further dampened market sentiment.
Even though the amount sold isn’t large, as an industry bellwether, the signal it sends has made many people start to worry that the bear market may continue.
At present, large holdings of BTC and ETH have already entered the loss zone. Long-term holders are still holding on, but many have already given up—and what’s needed is another thorough shakeout.
As for where the bottom is…
Some people think around 50,000 is the limit.
Fuck that!
#闪迪希捷美光股价下跌
No one can give an accurate answer right now, but based on a few key indicators in the market, the bear market hasn’t finished yet.
The Bitcoin premium index has been negative for 46 consecutive days, indicating that U.S. institutional buy-side demand has remained weak and there hasn’t been any clear return of funds.
Spot ETFs have continued to see net outflows, and institutions overall remain cautious rather than aggressively buying the dip.
Meanwhile, MicroStrategy sold BTC earlier and rolled out a BTC liquidation/monetization plan, which further dampened market sentiment.
Even though the amount sold isn’t large, as an industry bellwether, the signal it sends has made many people start to worry that the bear market may continue.
At present, large holdings of BTC and ETH have already entered the loss zone. Long-term holders are still holding on, but many have already given up—and what’s needed is another thorough shakeout.
As for where the bottom is…
Some people think around 50,000 is the limit.
Fuck that!
#闪迪希捷美光股价下跌