◆◈ A massive wave of withdrawals hits the Bitcoin market ◈◆
Investment funds linked to spot Bitcoin have seen outflows estimated at around $1.72 billion over a short period of no more than five days, a clear indication of the tension dominating the market 📉
◉ This sharp decline in outflows reflects a growing loss of confidence among a broad segment of investors, especially given the unstable conditions affecting cryptocurrency markets in general ⚠️
⬤ The overall mood remains governed by feelings of anxiety, as the fear and greed index stabilizes within the range of extreme fear, indicating significant psychological and investment pressure prompting many to reassess their positions 🧠
◈ Conversely, signs of a new trend among individual investors are emerging, with an increasing preference for more stable traditional assets, and a temporary retreat from highly volatile digital assets 🔄
◆ The result: the market is undergoing a true test phase, and caution has become the most prominent theme in investors' decisions during this sensitive period ◆
