Today, the net outflow of contract funds is small, which is bearish.


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Institutional Bitcoin contract positions remain absolutely bearish.
Meaning: Do institutions think Bitcoin will still decline from this level?
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The liquidity of US dollar funds in the market has dried up, which is the main reason for this round of decline.
The future situation remains pessimistic.
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Before the release of various economic data this week, Bitcoin prices still face downward pressure.
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In the short term, Bitcoin will break through 75,000. Reduce spot holdings.
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It is expected that after Wosh takes the stage in May, the priority will be to shrink the balance sheet and drain market liquidity, followed by aggressive rate cuts.
Corresponding to risk assets like Bitcoin, there will be a crash in May, followed by a significant rally starting in September.
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Every rebound now is an opportunity to exchange altcoins for US dollars.
BTC-1,57%
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