I was unable to log in to Twitter yesterday since the afternoon. Although I could log in tonight, I could not post messages. Now I can open the post interface, but I can’t see any comments from my friends. I don’t know if Twitter has been attacked and I don’t know if it can be posted.
The situation was not good today. Bitcoin fell below $80,000. The market sentiment can be said to be awful, but this decline was not due to negative information, and investors were inexplicably panic. Last Friday, the investor sentiment of spot ETFs not only did not improve, but also increased the intensity of panic.
Originally, the sentiment of #Bitcoin spot ETF investors on Wednesday and Thursday last week had begun to stabilize, but by Friday, the departure of US investors expanded to 4,798 $BTC, of which Fidelity, ARK and BlackRock were all major players in the market. The market sentiment may still be fermenting for some time, and it is estimated that it will be around the dot chart.
The main reason for the decline is that all sectors of the market are currently attributed to the trade war caused by tariffs. The escalation of the trade war will trigger the recurrence of inflation in the United States, which will lead to economic recession. Therefore, the US dollar index has been falling recently, but investors' risk appetite is lower.
In the 60th week, US investors left the market with a total of 9,388 BTC, a 60% decrease from more than 30,000 in the 59th week. Although it is a little better, the price will still stop falling after panic users leave. It will take a few more days to see.
Data has been updated, address: https://t.co/qoK1tUsXtC
Weekly data: https://t.co/Lc40rk5gM0
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