The market was simply too heavy. When billions in long positions are built on the assumption of "infinite rate cuts," any news that suggests a more cautious Fed (like the Warsh pick) acts as a needle to a very over-inflated balloon. Key Takeaway: We are seeing a rotation. Institutional ETF flows are taking a breather, and the "whale" wallets are shifting from selling into strength to gradual accumulation at these levels. They aren't panicking; they're shopping. What should we watch next? The U.S. Dollar Index (DXY) is the real protagonist here. If the DXY continues its breakout on the back of hawkish Fed expectations, Bitcoin’s "cooling off" period might last a bit longer than a few days. Would you like me to analyze the Ethereum ($2.1K - $2.3K) support zone in more detail, or should we look at how the altcoin dominance is shifting during this Bitcoin stabilization?. AYATTAC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#StrategyBitcoinPositionTurnsRed 🧠 The "Why" Behind the Move
The market was simply too heavy. When billions in long positions are built on the assumption of "infinite rate cuts," any news that suggests a more cautious Fed (like the Warsh pick) acts as a needle to a very over-inflated balloon.
Key Takeaway: We are seeing a rotation. Institutional ETF flows are taking a breather, and the "whale" wallets are shifting from selling into strength to gradual accumulation at these levels. They aren't panicking; they're shopping.
What should we watch next?
The U.S. Dollar Index (DXY) is the real protagonist here. If the DXY continues its breakout on the back of hawkish Fed expectations, Bitcoin’s "cooling off" period might last a bit longer than a few days.
Would you like me to analyze the Ethereum ($2.1K - $2.3K) support zone in more detail, or should we look at how the altcoin dominance is shifting during this Bitcoin stabilization?. AYATTAC