Matrixport: Bitcoin Falls Below Bull-Bear Line for Two Consecutive Weeks as Inflows Weaken

By: theblockbeats.news|2025/10/24 05:45:55
0
Share
copy

BlockBeats News, October 24th, Matrixport released a market outlook stating, "Bitcoin's recent price trend indicates that the market is transitioning from a bull market phase to a consolidation phase. Despite a still supportive macro environment, including continued accommodative policies by the Federal Reserve and a relatively stable overall liquidity environment, multiple technical and structural indicators show short-term exhaustion."

Bitcoin has consecutively fallen below its 21-week moving average for two weeks, a line historically considered a reliable bull-bear phase boundary. Meanwhile, on-chain liquidity growth has slowed, and realized market cap indicators show diminishing capital inflows. The flash crash on October 11th highlighted these vulnerabilities — billions of dollars in forced liquidations triggered a chain reaction in the market.

Bitcoin's open interest in futures contracts has declined, long-term holders have started to take profits, and volatility remains low. The interaction of a strengthening dollar, falling bond yields, and soft labor market data suggests global growth momentum may slow, potentially causing risk assets, including Bitcoin, to remain range-bound until market confidence is restored."

-- Price

--

You may also like

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com