Institutional Bitcoin Selling Is Starting To Flash Warning Signals

[madmax]

Crypto analytics platform Swissblock says Bitcoin has entered a “high-risk” environment as institutional selling pressure continues building, largely driven by persistent spot ETF outflows.

Its Bitcoin Risk Index recently climbed to 33/100, a level historically associated with:
• Heavy distribution phases
• Weak buyer absorption
• Elevated downside volatility

The bigger issue is what’s happening underneath the surface.

US spot Bitcoin ETFs have reportedly seen net outflows on almost every trading day since May 7, signaling that institutional demand is no longer offsetting market selling pressure like it did earlier this year.

According to Swissblock:
“When ETF demand weakens while selling pressure accelerates, the market structure becomes increasingly fragile.”

Bitcoin has now remained range-bound for nearly four months despite multiple macro catalysts.

[cryptobro]

bitcoin staying range bound for four months despite endless macro chaos is basically the market buffering emotionally