The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?
Despite concerns about an AI bubble and geopolitical risks, the level of liquidity in the financial system remains high, and there are no signs of systemic risk.
By the way, prices for precious metals have stabilized, and volatility has decreased. Geopolitics supports demand, and the growth of the dollar puts pressure on quotes.
Technically, the market is in recovery mode: Bitcoin ETFs +$251 million.
Since the beginning of March, the total inflow of funds into the ETF has amounted to $ 1.4 billion - serious signs of a reversal after 5 weeks of outflows in a row.