š„· #BTC/USDT + MACRO | 13/10/2026š„
Our analysis continues to reinforce the weakness we've been seeing in Price Action! Iāll keep emphasizing that we are NOT in a macro uptrend and will see MANY corrections (I talk about this in every livestream here on my profile).
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The data shows aggressive selling pressure of US$ 681.8 million in the perpetuals market, while BTC ETFs recorded weekly net outflows of approximately US$ 701.6 million.
Despite all this pressure, the notional volume of open futures contracts remains close to US$ 36.7 billion.
Deleveraging is not over, and further liquidation events are still ahead.
Another important point: selling pressure has also reached the SPOT market, while buying volume remains insufficient to sustain a consistent recovery.
US Treasury yields remain high, the dollar has strengthened in recent weeks, and oil has once again put pressure on inflation expectations. With Treasuries offering more attractive returns, some investors are reducing their risk exposure and shifting funds toward fixed income and defensive positions.
And we're not just talking about crypto! We also saw outflows from US equity funds and significant inflows into fixed-income funds.
This helps explain the pressure on BTC and ETH ETFs.
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AREAS ON THE RADAR:
RANGE: 82 - 93 (still in play)
RESISTANCE: 82.5 | 85.5
SUPPORT: 81.0 | 79.9 | 79.0 | 78.0
If the BLS data shows inflation above expectations, especially core inflation, we could see further pressure on Treasuries, a stronger dollar, and reduced expectations for monetary easing.
This could make a BTC recovery more difficult and lead to further liquidations/flush-outs.
Reminder: Thereās no point in the price rising if we donāt have buyers sustaining the move!
STAY CALM, NINJAS! š„·
#ThaiTraderOficial #SeptemberCPIWatch #BTCDominanceBackAt60%
Our analysis continues to reinforce the weakness we've been seeing in Price Action! Iāll keep emphasizing that we are NOT in a macro uptrend and will see MANY corrections (I talk about this in every livestream here on my profile).
_____________________________
The data shows aggressive selling pressure of US$ 681.8 million in the perpetuals market, while BTC ETFs recorded weekly net outflows of approximately US$ 701.6 million.
Despite all this pressure, the notional volume of open futures contracts remains close to US$ 36.7 billion.
Deleveraging is not over, and further liquidation events are still ahead.
Another important point: selling pressure has also reached the SPOT market, while buying volume remains insufficient to sustain a consistent recovery.
US Treasury yields remain high, the dollar has strengthened in recent weeks, and oil has once again put pressure on inflation expectations. With Treasuries offering more attractive returns, some investors are reducing their risk exposure and shifting funds toward fixed income and defensive positions.
And we're not just talking about crypto! We also saw outflows from US equity funds and significant inflows into fixed-income funds.
This helps explain the pressure on BTC and ETH ETFs.
__________
AREAS ON THE RADAR:
RANGE: 82 - 93 (still in play)
RESISTANCE: 82.5 | 85.5
SUPPORT: 81.0 | 79.9 | 79.0 | 78.0
If the BLS data shows inflation above expectations, especially core inflation, we could see further pressure on Treasuries, a stronger dollar, and reduced expectations for monetary easing.
This could make a BTC recovery more difficult and lead to further liquidations/flush-outs.
Reminder: Thereās no point in the price rising if we donāt have buyers sustaining the move!
STAY CALM, NINJAS! š„·
#ThaiTraderOficial #SeptemberCPIWatch #BTCDominanceBackAt60%