💸 Fundamental Reasons for Pressure

The price is influenced not only by technical factors but also by fundamental macroeconomic factors.

A steady outflow of funds from Bitcoin ETFs means that there are fewer buyers in the market. This creates a constant mechanical pressure that is hard to see on the chart, but which forces market makers and exchanges to actively work to maintain liquidity.

· Macroeconomic uncertainty: The International Monetary Fund (IMF) indicates that the prospects for global economic growth remain unfavorable, and risks are tilted toward deterioration. In such conditions, investors tend to move away from risky assets, which include cryptocurrencies.