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$SUI had 3 outages in 2 days I like SUI but this no bueno. I understand why big institutions want to build on $ETH.

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BlackRock large outflows don't mark the $BTC bottom. They actually accelerate the dump. The last 2 times BlackRock had record outflows, Bitcoin dropped 20%-30% within 2 weeks. I don't expect such a quick dump this time, but the case for a strong reversal is very weak.

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Israel and the U.S. escalate strikes on Iran. Kuwait also comes under missile and drone attacks. Iran responds by rejecting U.S. and Israeli demands and doubling down on uranium enrichment. Energy markets, shipping lanes, inflation, sovereign debt, all of it now moves closer to systemic stress. The world may be sleepwalking into a global economic downturn.

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$BTC has lost the 50D MA along with the RSI uptrend. A dump to new lows is more likely to happen than $100,000 now.

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4 out of the last 5 weekend selloffs ended up marking local bottoms for $BTC. If Bitcoin gets another dump tomorrow, there’s a good chance the market sees a bounce sometime next week.