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Inflation is easing, the Federal Reserve is about to cut interest rates, and market liquidity continues to be released. The S&P 500 keeps hitting new all-time highs. But the harsh reality is—one major exchange is still continuously selling Bitcoin. This is awkward.
Here's a question for American traders and institutional investors: The macro environment is so friendly, with all kinds of positive news piling up, why are you still dumping BTC? What are you really thinking? I really can't understand this move. Market liquidity is expanding, risk assets should be taking off, so why is Bitcoin under pressure? Can institutional behavior and the overall environment's rhythm align?