📉 Bitcoin continues to plummet – Whales are selling, the market shifts to 'risk-off' mode
Bitcoin has fallen deep below $95,000, the lowest level in 6 months, causing panic across the market. The selling pressure is not large, but what analysts are concerned about is that new buying inflows have almost disappeared.
On-chain shows that some whales have started to sell off lightly, but the main factor weakening the market is strong ETF redemptions + declining liquidity.
In the context of high interest rates and a poorly stable global economy, crypto is pushed back into the category of 'high-risk assets that need to be reduced'.
💡 Many experts warn: if BTC does not soon reclaim the $100K area, the market could enter an extended decline phase.
However, there is also an opinion that this is the 'final shakeout' phase before the money flow returns.
What do you think — is the market at the bottom of the cycle, or is this just the beginning of a deep decline?
