🔥 Hot: Bitcoin($BTC ) plunges to $78,800 – Where is the selling pressure coming from? 1. Macro conditions turn bearish – “risk-off” sentiment spreads Global financial markets are shifting into a more cautious mode as: 🟢 U.S. bond yields continue to rise 🟢 Oil prices climb, raising inflation concerns 🟢 Capital flows move toward safe-haven assets instead of risk assets ➡️ When macro conditions “cool down,” crypto is usually the first to react. 🏛 2. Crypto stuck in regulatory uncertainty Signals around the U.S. crypto regulatory framework remain unclear. Although there has been progress, it is still not strong enough to bring large capital back confidently. ➡️ As a result, the market chooses to de-risk and wait for clearer signals. 3. Bitcoin ETFs slow down, weakening support After a strong inflow phase, Bitcoin ETFs are now showing signs of: 🟢 Weaker inflows 🟢 Occasional small outflows ➡️ When ETF momentum fades, Bitcoin loses an important source of price support at higher levels. 4. Liquidity traps around high price zones Bitcoin is currently trading in a sensitive range with: 🟢 Large accumulation of leveraged long positions 🟢 Small price moves triggering mass liquidations ➡️ This creates ideal conditions for sharp liquidity sweeps. SUMMARY Bitcoin’s drop to $78,800 is not caused by a single factor, but a combination of: 🟢 Deteriorating macro conditions 🟢 Unclear regulatory outlook 🟢 Weakening ETF inflows 🟢 Fragile market sentiment In the short term, the market is still in a “confidence-testing phase” with no clear trend yet. #SamsungLaborTalksCollapse #CLARITYActClears15to9 #MarketOverloadWeek