Deep Tide TechFlow News, February 23, According to Capriole Investments' Bitcoin Treasuries Buy/Sell Indicator, Bitcoin Treasuries have experienced their first three-week consecutive sell-off in history. This suggests that Bitcoin prices may face increased short-term pressure, and if market demand does not pick up, prices could approach "new bear market lows." Analysts point out that macroeconomic uncertainty and ETF capital outflows further suppress demand. Last week, Trump announced an increase in global tariffs from 10% to 15%, which exacerbates the decline in market risk appetite. However, in the long term, this correction helps to clear leveraged positions and speculative holders, resetting market structure.
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Deep Tide TechFlow News, February 23, According to Capriole Investments' Bitcoin Treasuries Buy/Sell Indicator, Bitcoin Treasuries have experienced their first three-week consecutive sell-off in history. This suggests that Bitcoin prices may face increased short-term pressure, and if market demand does not pick up, prices could approach "new bear market lows." Analysts point out that macroeconomic uncertainty and ETF capital outflows further suppress demand. Last week, Trump announced an increase in global tariffs from 10% to 15%, which exacerbates the decline in market risk appetite. However, in the long term, this correction helps to clear leveraged positions and speculative holders, resetting market structure.