The Federal Reserve has officially ended quantitative tightening (#QT) and has resumed bond purchases. Liquidity is no longer flowing out of the market, which is typically favorable for high-risk assets like crypto.
However, Bitcoin is still declining. The reasons are as follows: • BTC has broken below a key bull market support zone. • The options market has turned bearish. • Old whales are continuing to sell off. • Spot ETFs have seen large outflows. • DAT inflows have slowed significantly.
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The Federal Reserve has officially ended quantitative tightening (#QT) and has resumed bond purchases. Liquidity is no longer flowing out of the market, which is typically favorable for high-risk assets like crypto.
However, Bitcoin is still declining. The reasons are as follows:
• BTC has broken below a key bull market support zone.
• The options market has turned bearish.
• Old whales are continuing to sell off.
• Spot ETFs have seen large outflows.
• DAT inflows have slowed significantly.