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$BTC $ETH $BNB #BTC86kJPShock #BinanceHODLerAT Bitcoin experienced a notable decline, primarily driven by global macroeconomic shifts and significant market deleveraging, leading to mixed sentiment. Here’s more: 1 . Macro factors: Global liquidity tightening from Japan’s potential rate hike is driving recent price declines. 2 . Market structure: Significant liquidations and large outflows indicate strong selling pressure and deleveraging. 3 . Technical signals: Bearish trend indicators persist, though some oversold conditions might suggest a short-term rebound.
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I earned 0.00 USDC in profits from Write to Earn last week
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#BinanceFutures Join the ALLO Trading Competition and share a prize pool of 500,000 ALLO! https://www.binance.com/activity/trading-competition/futures-allo-challenge
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