The problem? Leverage is still building instead of being flushed out.
US September flash PMI jumped to 58.4, marking the fastest output growth in more than 5 years.At the same time, Brent moved back above $100, increasing concerns about additional Fed hikes. The 10-year Treasury yield also reached its highest level since 2007, putting pressure on risk assets.
But capital hasn't left crypto.BTC ETFs recorded around $2.98B in inflows over 7 consecutive days through Sep 25.
BTC briefly dropped below $83K before recovering above $84K, while the Trump–Xi summit extended the tariff truce to Jan 10.
The key risk is leverage.New longs are heavily concentrated above $85K.
If BTC loses $83K, forced selling could accelerate the downside.
Falling markets can create opportunities too. Short on BingX
$BTC
https://bingx.com/perpetual/BTC-USDT?ch=Telegram&ref=LLU002
#BTC #ETF #BingX
Markets are volatile; rebounds and drops can both be fast. For information only, not investment advice.
