💬 #BTC Wintermute: Cryptocurrency is losing its support as the outflow of funds from ETFs increases, while stocks are still supported by expectations of profits. The outflow of funds from BTC ETFs has been the largest since the end of June.
For a sustainable recovery, it is necessary to stabilize treasury bond yields in the long term and increase the inflow of funds into ETFs. Until then, BTC remains vulnerable to volatility and the risk of decline, while low-quality altcoins should be approached with caution.