NEAR, BCH, HYPE, and XLM lost more than ten percent in a single week, while Bitcoin remained below $76,000. $BTC

The pressure isn’t coming from altcoins alone. Outflows from exchange-traded funds are accompanying the downturn and adding to the pressure.

A mixed picture: the leading cryptocurrency has stalled near a psychological level, while altcoins have lost double digits in a week. Nothing is certain yet about next week’s direction.

For you in Doha, Riyadh, or Dubai, the price in dollars doesn’t move with the riyal or dirham because the currencies are pegged at a fixed rate. What really changes is the timing of your entry and exit, and the exchange rate when converting through a local platform or card.

If outflows from funds continue, the market may remain range-bound longer than many expect. If they turn into inflows, the picture could change quickly.

What matters in practice is tracking fund flows, not just the candlesticks.

Who do you think this pullback is putting the most pressure on: long-term coin holders, active traders, newcomers, or miners? 👇

#Bitcoin #ETF

This content is for informational purposes only and is not financial advice.

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