O Bitcoin quebrou o nível de suporte técnico, vários sinais de liquidez indicam enfraquecimento e especialistas recomendam aguardar por estes sinais antes de voltar ao mercado.

[Bitpush] Recent research reports indicate that Bitcoin’s risk-adjusted performance has significantly underperformed US stocks, and it has already fallen below all major technical support levels.

There are several noteworthy signals behind this: the US economy is experiencing what is called a “K-shaped recovery”—AI technology is helping companies make money, but at the same time, it’s causing some people to lose their jobs. This divergence is directly affecting the market’s appetite for risk assets.

Looking at the capital flows: ETFs registered the largest net outflow in history in November, stablecoin supply is shrinking, and even long-term holders have started reducing their positions. Taken together, these figures paint a rather gloomy picture.

Experts suggest: don’t rush to buy the dip just yet—wait until you see key price levels rebound with strong volume, and capital flows into ETFs and stablecoins pick up again. That said, the so-called “Bitcoin exception theory” may continue to support its medium-term narrative—after all, this thing always has some unique aspects.