Bitcoin Silence Is Not Coincidental

After information from the Bank of Japan (BOJ), the majority of the market leans towards a familiar scenario: Bitcoin will face strong downward pressure. The yen is mentioned, the “risk-off” sentiment is spreading, and it coincides with the weekend – all factors support the sellers. But that did not happen. Bitcoin is not in a panic, it is not falling deep, nor does it create a clear downward trend. Instead, the price just… stands still and holds steady. In fact, the information from the BOJ is not surprising. There is no strong tightening move, no pivot in policy. And it is at this point that the market sends an important signal: when bad news is expected but prices do not react, it is not meaningless silence. If the selling pressure truly dominates, the price would have reacted very quickly. But it does not do so. Friday's session further reinforced this. About 1,850 BTC was withdrawn net from ETF funds, yet the price of Bitcoin barely budged. Under normal conditions, the outflow of ETF funds usually brings downward pressure. The price's stability indicates that spot buying is quietly absorbing the supply – no noise, no leverage, just patient buy orders waiting. That is a sign of a shift in mentality: traders are no longer excited to chase purchases, but they are also no longer in a hurry to sell off. The weekend factor is also very noteworthy. Sunday is usually the weakest time for the market: thin liquidity, erratic fluctuations, and easily influenced by emotions. During fragile market periods, this is often when prices “bleed”. But Bitcoin has not fallen. Moving sideways in the context of negative expectations often indicates that the sellers are gradually losing patience, rather than the buyers are attacking. On the macro side, the bill regarding the market structure in the US remains hanging. It is important, but not clear. The market rarely reacts strongly to things that do not have a specific shape. The fact that Bitcoin is “waiting” here shows a light position, cautious sentiment, and the market is not skewed to one side. 👉 My perspective is quite simple. This is not yet a breakout phase, but it also does not feel like distribution. The bearish scenario has been talked about a lot, the mindset has been prepared, and some have even placed bets — but in the end, it did not happen. If Bitcoin continues to maintain this state when US liquidity returns at the beginning of the week, the current calm will no longer be a coincidence. No hurry. No prejudice. Only observe price action — and especially the things the price refuses to do.