1. Shift in Macro Expectations: Trump nominates hawkish Kevin Waugh as Federal Reserve Chair, reinforcing expectations of liquidity tightening, and market concerns over balance sheet reduction impacting crypto market capitalization.
2. Institutional Capital Withdrawal: Bitcoin spot ETF experiences significant net outflows, totaling over $2 billion since February, increasing selling pressure from long-term holders.
3. Technical Breakdowns and Chain Reactions: Bitcoin falls below the key support level of 70,000, triggering algorithmic and panic selling, market liquidity is under pressure, and systemic risks are released.
4. Global Asset Correlation: US stocks, precious metals, and crude oil decline simultaneously, risk assets face collective pressure, and cryptocurrencies have not demonstrated safe-haven properties. $BTC $ETH #当前行情抄底还是观望? #Gate1月透明度报告
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Latest Market Analysis of Bitcoin‼️
1. Shift in Macro Expectations: Trump nominates hawkish Kevin Waugh as Federal Reserve Chair, reinforcing expectations of liquidity tightening, and market concerns over balance sheet reduction impacting crypto market capitalization.
2. Institutional Capital Withdrawal: Bitcoin spot ETF experiences significant net outflows, totaling over $2 billion since February, increasing selling pressure from long-term holders.
3. Technical Breakdowns and Chain Reactions: Bitcoin falls below the key support level of 70,000, triggering algorithmic and panic selling, market liquidity is under pressure, and systemic risks are released.
4. Global Asset Correlation: US stocks, precious metals, and crude oil decline simultaneously, risk assets face collective pressure, and cryptocurrencies have not demonstrated safe-haven properties. $BTC $ETH
#当前行情抄底还是观望? #Gate1月透明度报告