📉Bitcoin demand over 30 days: -350,000 BTC.
⛏️Miners sent 2,077 BTC to exchanges on November 10, 16 times the 30-day average.
✔️Spot ETFs saw net outflows for 6 consecutive sessions, totaling approximately $1.48 billion.
🔽Stablecoin supply fell by $14.2 billion in 30 days, signaling that market liquidity is shrinking.
❓The worrying factor is not just selling pressure, but also the lack of fresh buying inflows to absorb this supply.
🗓 PPI data will be released tonight at 8:30, and PCE data is due at the end of the month, when the Fed announces its interest rate decision.
Keep an eye on Spot and ETF flows over the coming sessions—these are also important factors this season.
For informational purposes only, providing data and personal perspectives; this is not investment advice.
Please assess the suitability and risks for yourself before making a decision.
