Kill! BTC Long Wick Candle at 93,000 in the morning, BTC Spot ETF net outflow of $376 million last week

BTC recorded a near week low of $93,000 at a low of $93,000 at around 06:30 this morning, and the market liquidity shortage caused by the European and American holidays does not seem to have significantly recovered. (Synopsis: BTCtechnical indicatorbullish: VIX panic index hints at bottoming, Fibonacci predicts to break $160,000 in February next year) (Background added: BTCprice drops 96,000, 300,000 Get Liquidated billion dollars!) Analyst: Fed slows rate cut does not change BTC's upward trend BTC continued to fluctuate at $95,000 over the weekend, reaching a high of $95,750 yesterday, but a new wave of declines began yesterday evening, with a low of $93,000 at a low of nearly a week at around 06:30 this morning. Before writing, BTC recovered slightly and is now trading at $93,610. It fell 1.32% in the last 24 hours. BTCSpot ETF funds outflow again In terms of the performance of BTCSpot ETF, it also turned to an outflow of $287 million on Friday (excluding the holiday week's net outflow of $376 million), and it seems that the market liquidity shortage caused by the European and American holidays has not yet recovered significantly. If the outflow situation does not improve, it may continue to be under pressure on the BTC price. Get Liquidated $155 Million in Nearly 24 Hours According to Coinglass data, in the past 24 hours, Cryptocurrency has reached $155 million, long orderGet Liquidated $116 million, short orderGet Liquidated $36.98 million, and more than 75,000 people have been liquidated. Bitwise: Further declines possible in the coming weeks In the face of BTC's continued downward trend, Andre Dragosch, head of European research at asset manager Bitwise, said last week that this risk aversion could continue for some time: Overall, the Fed is currently in a dilemma, with financial conditions continuing to tighten despite three consecutive rate cuts since September. Meanwhile, according to Truflation's US inflation indicators, real-time inflation measurements have accelerated again to new highs over the past few months. Dragosch added that BTC could fall further in the coming weeks, though it could also be a good opportunity to catch the bottom: So it's likely that we'll see more painful declines in the coming weeks, but given the continued Favourable Information provided by the lack of BTC supply, This can be an interesting buying opportunity. In addition, according to Cointelegraph, Matt Hougan, chief investment officer at Bitwise, said that the reason for the recent pullback in the encryption market may be "the natural clearance of leverage", and stressed that the long-term regional dynamics are still good, and the encryption market is still in a strong Bull Market. El Salvador rarely increased the position 11 BTC this morning, BTC purchase plan will accelerate? Japan's Central Bank does not raise interest rates to maintain 0.25% Intrerest Rate, BTC stands back $100,000 U.S. debt ten-year Intrerest Rate rises above 4.5%! New debt king: Trump will not buy BTC before taking office 〈Kill! BTC Early Morning Long Wick Candle 93,000, BTCSpot ETF net outflow of $376 million last week" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".