Sunday: In 15 minutes, Bitcoin dropped $2,200. 👀
Last week, spot BTC ETFs saw $1.28 billion in outflows, turning year-to-date flows negative for the first time this year.
$1 billion in leveraged positions got wiped out in one day, mostly longs.
Price is stuck at $74,000. It hasn’t reclaimed $75,000, and Strategy’s cost basis is overhead.
My take: money is flowing out, leverage is getting wiped out. Bearish ahead of CPI tomorrow night.
$BTC
#比特币连续五周下跌
#CPI前瞻，12月利率走向迎关键考验
Last week, spot BTC ETFs saw $1.28 billion in outflows, turning year-to-date flows negative for the first time this year.
$1 billion in leveraged positions got wiped out in one day, mostly longs.
Price is stuck at $74,000. It hasn’t reclaimed $75,000, and Strategy’s cost basis is overhead.
My take: money is flowing out, leverage is getting wiped out. Bearish ahead of CPI tomorrow night.
$BTC
#比特币连续五周下跌
#CPI前瞻，12月利率走向迎关键考验
