$BTC On Sunday, intraday lows were pushed down to $62,081, with a nearly 3% drop over 24 hours, trading around $65,300. Binance CEO Richard Teng said on X that this round of declines was normal short-term pressure caused by tighter macro conditions plus a shift in AI financing sentiment, and the long-term logic has not changed. Yi He's view was that volatility is part of the market's maturation process. Data from the Binance Research Institute is even more interesting: from November 11 to 14, an unnamed USD-denominated spot exchange had 7,438 more BTC in active sell orders than buy orders, while Binance had 2,707 in the same period, meaning the former's net selling was about 2.75 times Binance's. In the short term, don't just look at one sentence; trading volume and ranges explain the situation better.