#比特币价格走势 BTC is playing that trap again 📉 Rebound near 94000 was just dumped, Bitfinex data shows traders are unloading at highs, and no one wants to buy the dip to accumulate chips. The US spot ETF is still continuously flowing out, which is quite something...

7 million BTC are in an unrealized loss state, which feels similar to the torturous consolidation at the beginning of 2022. The key is that the S&P 500 is close to historical highs, yet BTC is becoming weaker and the decoupling trend is evident. Glassnode's latest weekly report also mentioned that although it rebounded to 94,000, market sentiment remains cautious, and the demand for options to hedge downside risks is increasing👀.

The difference in trading volume has turned negative, what does this indicate? The main players are offloading, and retail investors are in a panic. During this phase, the demand for Spot has basically collapsed, unless there is some major positive news to activate the market, otherwise it will just be a repetitive grind within the range of 84000-91000.

Let's take a wait-and-see approach and see if there are any opportunities to get on board 💪