CandleFocus

Ethereum and Bitcoin See Capital Declines as Market Faces Cooling Off

Ethereum and Bitcoin See Capital Declines as Market Faces Cooling Off
The chart released by analyst @ali_charts shows that the capital inflows into Bitcoin (BTC) and Ethereum (ETH) have declined by over 30% in the past month, dropping from $45 billion to $30 billion. This reflects a decrease in market activity and suggests a market correction. The net position of BTC and ETH market value has also decreased consistently, reaching new lows in mid-February. The decline in net capital suggests liquidity is getting drained and investors should prepare for further volatility. The general trend ahead looks less favorable, indicating a more cautious outlook for the cryptocurrency market.

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