This wave of plummeting prices has left institutional bigwigs baffled! The Chief Investment Officer of #Arca , #JeffDorman , directly posted that this is the most bizarre cryptocurrency sell-off in history!

He said that there are clearly a lot of positive factors in the market! The Federal Reserve is going to cut interest rates, quantitative tightening is about to end, and stocks and gold are all hitting new highs. Moreover, the reasons for the sell-off are completely untenable! #MSTR did not sell, Tether did not collapse, and the Federal Reserve did not turn hawkish...

The positives are real, the negatives are fake, but the price is still falling! It's too bizarre!

#JeffDorman ultimately found an answer he could accept: a lack of buying power internally. Although technology is advancing and policies are improving, this does not change the fact that the current #Crypto ecosystem lacks buying power. Native crypto investors are exhausted, and new funds have not entered the market. In simple terms, the old investors have no money left, and new investors have not come in. Although major institutions like Vanguard, JPMorgan, and Goldman Sachs are about to enter the market, their investment processes are not yet completed, so the money cannot come in. The market will continue to be influenced by existing funds and leveraged sentiment. Once these institutions can easily allocate crypto assets, then the logic of $BTC prices will fundamentally change.