Stabilizing coin
ETF outflows have eased and trading volumes subsided, helping BTC stabilize and recover. BTC now trades sideways as holders are reluctant to sell after the drawdown, while sidelined investors remain hesitant to buy amid persistent relative weakness.Preview
After two consecutive weeks of double digit losses that pushed Bitcoin below its 200 week moving average and to new cycle lows, BTC rebounded 6% over the past week. Market conditions have stabilized as ETF outflows, a key source of recent weakness, have eased. Trading activity has also fallen back toward yearly lows, reflecting a market where existing holders are reluctant to sell while sidelined investors remain cautious, a pattern often seen during late stage Bitcoin bear markets.The week also brought major macro and market developments. SpaceX completed the largest IPO in history, with its valuation rising to $2.5 trillion af