Bitcoin has dropped back below sixty grand again. Deutsche Bank is blaming it on the Fed's hawkish stance, ETF capital outflows, and cash piling into AI. Anyway, every time we see a major dip, there's always a bunch of excuses. At this point, there's not much to say; on-chain data is just what it is, and liquidity drying up isn't a one or two-day affair. Let it ride.