Five straight bearish weekly candles
Not one has bounced back
Counting down from around 86,000 in early October,
we’ve had about five consecutive losing weeks by this week,
for a cumulative drop of roughly 12%.
The biggest weekly decline was only a little over 3%—
like a slow leak,
not a one-day collapse.
Spot ETFs saw net outflows of about $1.28 billion last week.
After the strong nonfarm payrolls report, rate-hike expectations resurfaced.
That selloff in AI chip stocks spilled over here too.
Five straight weeks of losses test your patience and cash,
not your ability to shout “bottom.”
$BTC $BNB
#比特币连续五周下跌 #比特币 #Binance
Not one has bounced back
Counting down from around 86,000 in early October,
we’ve had about five consecutive losing weeks by this week,
for a cumulative drop of roughly 12%.
The biggest weekly decline was only a little over 3%—
like a slow leak,
not a one-day collapse.
Spot ETFs saw net outflows of about $1.28 billion last week.
After the strong nonfarm payrolls report, rate-hike expectations resurfaced.
That selloff in AI chip stocks spilled over here too.
Five straight weeks of losses test your patience and cash,
not your ability to shout “bottom.”
$BTC $BNB
#比特币连续五周下跌 #比特币 #Binance
