$BTC's Silent Crisis 🚨 – It's Deeper Than You Think!
The October 10th crash – over $20 billion wiped out – wasn’t just a dip. It was a systemic reset. Two months later, the $BTC market is unrecognizable.
Forget the “easy money” days. Leverage is down, liquidity is razor-thin, and ETF buying power has evaporated – billions *withdrawn* in November. 📉 This wasn’t a correction; it was a brutal deleveraging. Market makers are sidelined, traders are scared, and every bounce feels…weak.
$BTC is now mirroring broader macroeconomic risk-off sentiment. It’s trading like a high-beta asset, revealing a fragile market state. The recovery we hoped for? Still not here. Spot depth is shallow, and open interest remains cautious. This isn’t just about price; it’s about a fundamental shift in market structure.
#Bitcoin #CryptoMarket #Deleveraging #RiskOff ⚠️
