$BTC On-chain data has been painful these past couple of days: CryptoQuant analyst Darkfost reports that Bitcoin investors realized losses of about $657 million to $703 million per day over the past three days, totaling more than $2 billion. BTC briefly fell below $75,000 on Friday and is now trading sideways around $75,900. Selling in U.S. tech stocks has spilled over into the crypto market, expectations of interest rate hikes are mounting, and spot selling pressure on Binance and Coinbase is outweighing buying. That makes the $75,000 level critical; some analysts believe a break below it could send BTC toward $70,000. The Fear and Greed Index is at 25, indicating extreme fear. My view: at these levels, it’s better to manage position sizes and watch for spot buying to return than to try to call the bottom. #比特币 #市场情绪 For reference only; this is not investment advice.