cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex

-

由

cryptd.in
于

The United States and the broader global economy are facing an increasingly fragile macroeconomic backdrop. U.S. inflation has risen to 3.8% year-over-year, per April consumer price index (CPI) data, and real wages have turned negative with long-term Treasury yields climbing to multi-year highs.

Amid a hostile macro environment, bitcoin (BTC) has pulled back and erased the gains from its early-month rally. This correction is further driven by weakening institutional demand and outflows from spot exchange-traded funds (ETFs).

Weakening Institutional Demand

According to this week’s Bitfinex Alpha report, the U.S. macro backdrop has shifted toward a “higher-for-longer inflation environment.” Market expectations for Federal Reserve rate cuts have been removed, with rate hikes becoming a more likely scenario as the year progresses.

With the possibility of renewed tightening rising, bitcoin is losing momentum and becoming more vulnerable to exogenous shocks and to a high-for-longer interest rate regime. Unfortunately, this development comes at a time of deteriorating liquidity conditions – the worst since February.

Analysts said the two primary engines of marginal demand, which are spot ETFs and yield-bearing products like Strategy’s STRC, are currently under duress. ETFs ended their six-week inflow streak last week, recording almost $1 billion in net outflows. On-chain capital flows currently sit at $2.8 billion, far below the $10 billion historically associated with durable bull phases.

“As market sentiment transitions from acute fear toward persistent uncertainty, analysts say the validity of the current recovery now hinges almost entirely on whether fresh net capital continues entering the market,” analysts explained.

Market Vulnerable to Further Downside

As Bitfinex warned two weeks ago, the Bitcoin market is not positioned for sustained upside. Despite the rally toward $82,000, institutional conviction has remained insufficient to absorb macro shocks and rate volatility, leaving the market vulnerable to further correction. Bitcoin is already trading at a two-week low, reflecting a significant structural problem that could worsen due to hostile macro conditions.

At the time of writing, BTC was trading around $76,700, roughly 6.5% below its weekly opening of $82,160. While the asset is testing levels near the monthly open, analysts expect the price to fluctuate between $72,000 and $80,000. Net capital flows, as measured by the Realized Cap 30-Day Net Position Change, will determine whether the broader recovery structure remains intact in the coming weeks.

职位 Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex 首次出现在 加密土豆.

评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

zh_CN 简体中文
zh_CN 简体中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (442) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (70) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。