BTC has once again encountered a $3,000 daily decline, with a recent change in market tempo, with the US trading session seeing the majority of declines, and the Asian trading session seeing gains.
The current narrative of #ETFBitcoin inflows may be starting to turn, with IV's of all major terms also showing significant declines in recent days, and with the recent lack of direction in block options orders, market sentiment seems to be starting to weaken.
Yesterday we mentioned that the current bull market tends to start when sentiment cools, and the current sentiment could already be called cooling, so it's worth watching the action ahead of tomorrow's delivery.
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