Just watched Bitcoin dip back to the low 71k range after that mid-week bounce to 74k. The pattern's pretty clear at this point - we get a decent rally, then Friday-Saturday selling kicks in and drags us right back down. This weekly cycle is getting repetitive honestly.

The bigger issue I'm seeing is that 43% of Bitcoin holders are underwater right now, so every time we bounce they're just waiting to sell and break even. That's a lot of overhead resistance. Meanwhile the dollar just had its strongest weekly performance in a year, which is basically the worst environment for anything priced in USD. Oil's still elevated from the Middle East situation, so that's keeping inflation expectations sticky and pushing back any Fed rate cut hopes.

Ether down to 2.2k, Solana around 82, all the alts getting hit harder than Bitcoin as usual. But here's the thing - over the full week Bitcoin's still up 6.5%, Ether up 7.6%. So the damage from Friday's pullback isn't erasing the mid-week gains, just taking the wind out of them.

One thing that caught my eye though - stablecoin inflows jumped 415% to 1.7 billion this week. That's a lot of dry powder sitting on the sidelines. Could mean some retail is waiting to deploy capital if we get better prices or if this geopolitical stuff settles down. The question is whether that money actually rotates into Bitcoin or just sits there waiting for lower levels.

Bitcoin's basically range-bound between 68k and 74k right now. Until we break above that weekly resistance, feels like we're just trading the same band over and over. The macro backdrop of a strong dollar and delayed rate cuts isn't helping either.