Even if BTC experiences a short-term rebound, it won't change the weekly downward trend. Starting this week, BTC is likely to continue its downward trend. Even if the Fed cuts interest rates on September 17th, it will only trigger a rebound and won't be able to halt the downward trend. Looking at the recent fund flows from ETF institutions: there's not much buying, and not much selling either. If ETF institutions experience a daily net outflow of over $1 billion, that might be the moment BTC truly bottoms out. Everything has its limits!
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