$BTC dipping again? Hereâs my 30-sec read
đ€§ETF bid softened â when spot demand cools, every wick gets amplified.
đ€§Leverage flush â cascading long liquidations + thin books = extra velocity down.
đ€§Whale/miner supply â steady distribution into strength keeps a lid on bounces.
đ€§Rotation mode â $ETH & selective alts soaking up attention, pressuring BTC dominance on green days.
đ€§Macro jitters â rates/policy headlines = lower risk appetite, faster de-risking.
What Iâm watching next
đDo ETF netflows flip back positive?
đOpen interest & funding reset cleanly?
đCan spot lead a reclaim (not perps) and turn breakdown levels into support?
Playbook (not advice): keep leverage light, let price reclaim before chasing, and watch perps vs. spot for confirmation. If dominance keeps easing while $ETH stays bid, alt outperformance can persist.