I noticed an important observation from Weiss about the market movement this week. Analysts say that the recent decline wasn't caused by problems in Bitcoin itself, but by broader market factors. Geopolitical panic was absorbed by the market at the end of the week, and then everyone rebounded based on the idea that Bitcoin has dropped 45% from its all-time high, and most of the bad news has already ended.

But Weiss focuses on an important point that many have overlooked: the impact of energy prices. Rising oil prices could keep inflation high, which means central banks may delay cutting US interest rates. The situation is not favorable for cryptocurrencies in this scenario.

Interestingly, Bitcoin investment funds saw inflows exceeding $1 billion last weekend, but this didn't reflect the full picture. Outflows so far remain around $4.5 billion. Weiss indicates that most of these sales are from ambitious investors, not major players.

The sensitive point now? The participation of large institutions has decreased significantly. Compare this to the period from November to the previous September when Bitcoin was trading between $85,000 and $95,000, and institutions were actively buying on dips. Today, the market is very weak, and genuine demand is absent at current levels according to Weiss's analysis.