If Bitcoin closes lower this week, it will mark its sixth consecutive weekly decline, after dipping as low as $62,603. Meanwhile, spot ETFs have seen net redemptions for seven straight trading days, with money flowing out. The Federal Reserve’s Financial Stability Report also flagged valuation risks. Taken together, the three developments confirm that prices, fund flows, and official commentary are all pointing in a weaker direction. But the source material does not establish a causal link between the report’s warning about valuations and Bitcoin’s string of declines.$BTC For now, the only hard indicators we can verify are the number of consecutive down weeks and the number of days of ETF redemptions. This kind of news is, at most, a clue; before taking action, you still need to wait for confirmation from trading volume.