ON-CHAIN SIGNAL: Why Institutional Wallets Are Selling $BTC.
Bitcoin is facing serious headwinds, and the data is flashing major warning signs. Dip buying near $70K has been weak, and every bounce is being met with aggressive selling pressure.
Key on-chain signals are turning bearish: - **Institutional Netflows:** Major ETFs and large wallets are now distributing, not accumulating. This is a significant shift in market structure. - **Holder Cost Basis:** $BTC is trading below the Short-Term Holder cost basis. This means recent buyers are underwater, creating heavy overhead supply. - **Market Sentiment:** Realized losses are rising, a sign of stress-driven exits. Put option demand is also surging as traders hedge against further downside.
This isn't healthy rotation; it's defensive positioning. Without institutional demand stepping in, any upside for $BTC remains fragile.
**Verdict: Bearish**
#Bitcoin #OnChainAnalysis #CryptoTrading #BTC
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.Consultez les CG.
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