News
Significance:
6/10

$536M In Sell Pressure: Why Bitcoin And Ethereum Prices Crashed

https://www.newsbtc.com/news/bitcoin/536m-in-sell-pressure-why-bitcoin-and-ethereum-prices-crashed

Scott Matherson

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
Large-scale outflows from Spot Bitcoin ETFs and predictions of further price drops below $100,000.
Bearish
Broken key weekly support and bearish technical indicators suggesting further declines.
Bearish
52% of participants expect Bitcoin to drop below $100,000, indicating widespread bearish sentiment.